Tax Incentives for Education -
Qualified Educational Expenses

For tax purposes, qualified education expenses are academically related fees paid to attend your campus and include only out of pocket expenses.

Qualified education expenses for tax year 2008 are tuition, all mandatory student fees, and all course fees and lab fees. Charges related to room, board, activity fees, books, equipment, insurance or other personal living expenses are not allowed.

Expenses for courses related to sports or hobbies are not qualified education expenses, unless the course is related to a degree program.

The University of Colorado is not qualified to provide advice concerning legal and tax matters. For tax advice regarding your specific situation, you should contact a tax professional.

For additional information, call the IRS at 800-829-1040, or see IRS Form 8863 and its instructions.

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