There is actually an IRS site that provides complete information about federal programs giving tax benefits to students and their families to help defray the cost of higher education. The most common of these are Hope Credit, Lifetime Learning Credit, Coverdell Education Savings Account (Education IRA), and the Student Loan Interest Deduction. For details, investigate IRS Publication 970 Tax Benefits for Education at /pub/irs-pdf/ . Another tax credit program that can be worth up to $2,500 in tuition and other expenses allows you to claim them on your tax returns. It is the American Taxpayer Relief Act, and details can be found at /newsroom/article/0,,id=205674, .