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WebJan 27, 2024 · It is a tax credit of up to $2,500 of the cost of tuition, certain required fees and course materials needed for attendance and paid during the tax year. Also, 40 percent of the credit for which you qualify that is more than the tax you owe (up to $1,000) can be refunded to you. Q4. How does AOTC affect my income taxes? A4. Web• Students can graduate from high school with transferable college credits. • Students can fast‐track their undergraduate or workforce degrees. • Student may save on tuition and fees by reducing the time to complete a degree. • Students will have access to a full range of college student support services while in high school to aid chitho feliciano google scholar
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