Office of the Bursar

Student Loan Interest Deduction At a Glance
From IRS Publication 970, Table 3-1
Do not rely on this table alone. Refer to the text for complete details

Feature	Description
Maximum benefit	You can decrease your income up to $2,500.
Loan qualifications	Your student loan must have been taken out solely to pay qualified education expenses, and cannot be from a related person or made under a qualified employer plan.
Student qualifications	The student must be you, your spouse, or your dependent, and enrolled at least half-time in a degree program.
Time limit on deduction	Beginning with payments made in 2002, you can deduct interest paid during the remaining period of your student loan.
Phaseout	The amount of your deduction depends on your income level.

To assist you in claiming the credits for loan programs managed by Marshall University, our servicer, Educational Computer Systems, Inc. (ECSI) will file a Form 1098-E with the Internal Revenue Service for each eligible student. By February 1, 2007, ECSI will mail a copy of the 1098-E to you for use in claiming this credit.

Please note that it is the responsibility of the taxpayer to determine eligibility for the credit. Please do not contact Marshall University or ECSI regarding your eligibility for this credit. For specific questions concerning information provided within your 1098-E please contact Educational Computer Systems, Inc. at 412-788-3900, attention Ms. Rawlings.