Are Student Loans considered income to the IRS?

December 2, 2008 | 8 Comments

student loans
noggle4 asked:


If I get student loans in the amount of 34900.00, and put into a checking account (private student loan) is this income that I have to report?

What do your taxes have to do with student loans?

November 30, 2008 | 3 Comments

student loans
Mac Hine asked:


Maybe if I was applying for finanacial aid – but, I am using my student loans – they are different. What do my taxes have anything to do with my student loan elgibility?