Part time student: Any Benefits / detriments in regards to FA, scholarships, AOTC, insurance etc?

The AOTC can only be claimed in four tax years. So remember that when decidine how to balance her courseload and when to claim the AOTC.

If the Tuition and Fees Deduction and/or Lifetime Learning Credit aren’t eliminated for a tax year in which you don’t claim the AOTC, you can use one of those. https://www.irs.gov/publications/p970