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Hope Scholarship Tax CreditThe Hope Scholarship Credit may be claimed for the qualified tuition and related expenses of each student in the taxpayer's family (i.e. the taxpayer, the taxpayer's spouse, or an eligible d [..]
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Hope Scholarship Tax CreditA federal tax credit (that is, a reduction in the taxes owed by a family) to help low-income families with out-of-pocket tuition expenses, up to $1,500 per student for each of the first two years of post-secondary education. (Note: A family cannot claim this tax credit and the Lifetime Learning Tax Credit for the same student in the same year.)
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