Applying for Lifetime Learning Credit

• You can apply for the Lifetime Learning Credit on your tax return if you, a spouse, or a dependent took at least one course at an eligible academic institution. Eligible academic institutions are universities, colleges, vocational schools, and post-secondary institutions.
  
  

Eligible Expenses

• Eligible expenses include tuition and any registration fees, such as student body fees, registration fees or additional course fees. Expenses that cannot be included are: course books, equipment, supplies, student insurance, transportation, room and board and any other living expenses.
  
  

Tax Credits and Exceptions

• Applicants receive tax credits of up to $2,000 for the first $10,000 spent on tuition and fees. Furthermore, there is no limit to the number of years an applicant may apply for, or receive, the tax credit.
  
  If you received financial assistance from grants, scholarships, or an employer, these amounts will have to be deducted from what you claim as qualifying expenses.