Tax benefits are available to Fulton-Montgomery Community College students and their families who are paying the costs of higher education. Qualified students may take advantage of educational tax credits (Hope Scholarship or Lifetime Learning Credits), a new educational Individual Retirement Account (Education IRA), and a deduction for student loan interest.

Information on the new tax benefits and your eligibility may be obtained from the Department of Taxation-Internal Revenue Service at 1-800-829-1040 or from a tax advisor. The IRS also provides Publication 970 (2003) as a guide to tax benefits.

For further information you may visit the IRS web site which contains the Notice 97-60. Please see additional tax information for students.

The college and its employees cannot provide tax information, assistance, or advice.