Location: Bowdoin / Bursar's Office / Student Loan Repayment / Student Loan Interest Federal Income Tax Deduction

Bursar's Office

Student Loan Interest Federal Income Tax Deduction

Following the enactment of the Tax Reform Act of 1997, student loan borrowers are now able to deduct interest paid on student loans during the first five years of their repayment. Borrowers who qualify for this deduction will receive an IRS Form 1098-E from Campus Partners. The form indicates the amount of interest that has been paid for the tax year.  The data on the form is also reported to the IRS. If you have any questions about the 1098-E, or if you did not receive one, please contact Carol Trottier, Student Loan Representative, or call Campus Partners at (800)334-8609.