I have a question that might seem silly: Will I be getting a tax return even if my financial aid covered all my college expenses? I realize this might be a basic question, but I’d appreciate some clarification. Thank you!
Subject: Concern Regarding Investigation at My College Hi everyone, I wanted to share an important update regarding Pacific Lutheran University, my college. We’ve recently learned that PLU has been included on one of Trump’s antisemitic exclusion lists, which is quite concerning. If the university is found guilty of these accusations, it could potentially lose its […]
Looking for study spot recommendations! Since all my classes are online, I find it tough to concentrate at home. Lately, I’ve been heading to a nearby cafe on weekdays before work, and it’s made a big difference. However, on weekends, my local cafes and libraries often have limited hours or are closed. Any advice on […]
Chronic Overachiever Seeking Guidance: A College Dilemma Hey everyone, I’m navigating some big decisions regarding my future, and I could really use your insights! A few months back, I was convinced that a career in marketing was my path. I’ve always had a knack for it—I’m a good salesman, and it seems like a solid […]
Not a dumb question at all! Whether you can expect a tax return depends on a few factors. If you had a job and earned income during the year, you might still be eligible for a tax refund, even if financial aid covered your college expenses.
You should also consider any tax credits you may qualify for, such as the American Opportunity Credit or Lifetime Learning Credit, which can sometimes lead to a refund. If you didn’t earn any income, you likely won’t receive a tax return.
It’s a good idea to consult with a tax professional or use tax preparation software to get a better understanding of your specific situation. They can help you navigate any potential refunds or credits based on your financial situation.