President Obama has put in place a stimulus plan for
students called the American Opportunity Credit to pay for college expenses.
You can qualify if you haven’t filed or been claimed as a dependent on your
2010 taxes.
Students
will recieve a tax credit based on 100 percent of the first $2,000 of tuition,
fees, and course materials paid during 2010. Up to 40 percent of the credit is
refundable, meaning that it can generate a refund larger that the amount of
payments that you made. AOC is expected to have a limited life span for the
years 2009 - 2012.
Students
at Antelope Valley College can recieve anywhere from $500 to $1000. For more
information on how to do so, contact Cynthia at (323) 320 - 1830.
By Kristi Phillips