The American Opportunity and the LifeTime Learning Credits

 

Holloway Hall

Qualifying and Non-Qualifying University Expenses for Full Time and Part Time Students

Qualified Tuition
Undergraduate Tuition - Resident and Non-Resident
Graduate Tuition - Resident and Non-Resident

A complete list of University expenses can be found on Salisbury University's Cashier Office web page.

Mandatory Fees - Full Time Students
Athletic Fee
Facilities Fee
Technology Fee
Intramural Fee
Student Activities Fee
University Center Operating Fee

Mandatory Fees - Part Time Students (per credit hour)
Athletic Fee
Facilities Fee
Technology Fee
Student Activities Fee (undergraduate only)
University Center Operating Fee

Course Fees
Course fees may or may not qualify for the credit depending on the student's degree program.  Please click one of the following links  for a complete list of qualified course fees by degree program and course number for each semester.

Course Fees 2010-2011 (PDF)
Course Fees 2011-2012 (PDF)

Course Fees 2012-2013 (PDF)
Course Fees 2013-2014 (PDF)


Golf Greens Fee is not a qualified expense, regardless of degree program.
Fees for any course that involves sports, games, or hobby, unless the course is required in the student's degree program, are not qualified expenses.

Other Fees
Application Fee - applies only if paid during the taxable year in which qualified tuition and expenses are incurred.

Books and Course Materials
Books and course materials - are not qualified expenses for the Hope and Lifetime Learning Credit because students are not required to purchase them from Salisbury University.  Books and course materials for the American Opportunity Credit are qualified expenses and do not need to be purchased from the University in order to qualify.

Non-Qualifying Expenses
Room and Board
Any other personal, living, or family expenses regardless of whether the fees must be paid to Salisbury University for the enrollment or attendance of the student such as: insurance of any kind, medical expenses and fees, transportation fees.

Other Non-Qualifying University Expenses
Acceptance Fee (This fee is credited the first semester of attendance.)
Administrative Fee
Breech of Contract Fee
Distance Learning Fee
Late/Deferred Payment Fee
Meal Adjustment Fee
Late Registration Fee
Lost ID Card Fee
Payment Plan Fee
Physical Exam Fee
Returned Check Fee
Re-enrollment Fee
Vehicle Registration Fee

Any fees for courses taken in 2013 that were not paid in full by December 31, 2013 cannot be claimed with the credit and cannot be carried over to the next tax year.

Salisbury University is providing this information as a service to its students, but please keep in mind it is not an authority on taxation. Therefore, the University is not responsible for any misrepresentation of the IRS regulations. You should consult a tax advisor to determine if you qualify for the credit or for any other related questions.
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