Do Stafford loans count as income for taxes?

Paying for College
1

<p>Hello,</p>

<p>Just wondering...H is studying for a masters degree. He plans to take out federally funded student loans. Will this count as income on our taxes?</p>

<p>Thanks!</p>

2

<p>No. A loan is not income.</p>

3

<p>No.
And taxable scholarships are not taxed to parents</p>

4

<p>Thanks swimscatsmom and mom2collegekids! We appreciate the advice.</p>