Tuition Tax Credit


Also found in: Acronyms.

Tuition Tax Credit

Any direct, dollar-for-dollar reduction in one's tax liability based on tuition paid for higher education. Common examples include the Hope Tax Credit and the lifetime learning credit.
References in periodicals archive ?
Yet this is what the Canadian education and tuition tax credits do.
Tuition tax credits also have the potential, proponents say, to save states money by moving students from public to private schools, as long as the savings from the shift is greater than the cost of the tax credit.
Nonetheless, on June 1, 1978, the full House passed a tuition tax credit bill.
Although Ohio's voucher program was targeted at the Cleveland schools, Rehnquist's opinion suggests that a statewide program of vouchers or tuition tax credits would be upheld, as well.
We are opposed to any form of vouchers, whether they are called education savings accounts, charitable choice or tuition tax credits.
While traditional tax credits may be used only by parents to offset their taxes, the universal nature of the tuition tax credit allows any taxpayer to reduce his or her tax liability by paying a child's tuition.
Supreme Court upholds the Tuition Tax Credit, as I believe they will, the long-fought battle over who decides what academic and spiritual tenets will be placed in the minds and souls of America's children will make a pivotal and historic turn toward Mom and Dad," said U.
Extend the tuition tax credit we started that saves millions of middle class families thousands of dollars.
Pressures are mounting to have Congress approve any of several voucher and tuition tax credit proposals for tax aid to sectarian schools.
Supreme Court in defense of Arizona's tuition tax credit program.
An individual tuition tax credit of up to $6,000 will be available to parents in the Tar Heel State who send children with disabilities to private schools.
The total cost will depend largely on the structure of the voucher or tuition tax credit program.