One thing to remember is that the Hope credit and the Lifetime Learning credit are mutually exclusive. For a student who qualifies for it, the Hope credit is a better deal.I'm currently trying to find a way to have summer-session tuition fall under the Lifetime Learning credit. The credit becomes available July 1, but my summer tuition is due June 3. And my fall tuition won't use the full amount that would be eligible for the credit.
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