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Is A Student Loan Interest Deduction Available If The Student Loan Is Not Federally Guaranteed Or Otherwise Subsidized?

Yes. As long as the loan was used to pay the costs of attendance at an eligible educational institution and the other eligibility requirements are met; the deduction is available for the interest on the loan. The deduction does not depend on whether the loan is federally guaranteed or subsidized.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified student loan interest deduction lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local student loan interest deduction attorney to discuss your specific legal situation.

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