<p>The longer you pay on those loans, the more interest you will be paying in addition to your principal.</p>
<p>–What is AOTC? </p>
<p>American Opportunity Tax Credit (an education tax credit) see Publication 970 at irs.gov.</p>
<p>have you considered, how the student will pay off the loan.</p>
<p>Grantstudent = repayment based on hopefully a job. </p>