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qualified higher education expense

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Financial Dictionary

Qualified Higher Education Expense

Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an eligible post-secondary institution.

Investopedia Commentary

These expenses are important because they can determine whether or not you can exclude the interest off of a qualified savings bond from your taxable income.

Related Links

Investing In Your Child's Education
529 Plan Tutorial
Choosing The Right Type Of 529 Plan
College Savings Plans - School Yourself Before You Invest

See also: Education IRA, Exempt Income, Exemption, Expense, Full-Time Student, Lifetime Learning Credit, Qualified Savings Bond

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