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| | Scholarships: Hope Scholarship Credit - Office of Financial Aid - Hostos Community College (Site not responding. Last check: 2007-10-31) |
 | | The exact amount of the Hope credit also depends on a family's income, the amount of qualified tuition and fees paid, and the amount of certain scholarships and allowances subtracted from tuition. |
 | | The Hope credit amount is reduced gradually for families with incomes between $43,000 and $53,000 if single, or $87,000 and $107,000 if married and filing jointly. |
 | | Taxpayers may claim a Lifetime Learning credit, a Hope credit, and an exclusion from gross income for certain distributions from qualified state tuition programs or education IRAs, if a different student is used for each credit or exclusion and a family does not exceed the Lifetime Learning maximum per family ($2,000). |
| www.hostos.cuny.edu /ofa/scholarships/hope.html (898 words) |
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