Sallie Mae Offers Tips for Saving Thousands of Dollars This Tax Season
RESTON, Va., April 2 /PRNewswire-FirstCall/ -- Students, parents and
student loan customers have less than two weeks left to save thousands of
dollars on taxes by claiming education-related tax credits and deductions.
A recent College Board study found that 9 million tax filers benefited from
tax credits and deductions for higher education with an average benefit of
$668. Those who are paying -- or who have recently paid -- for college are
encouraged to read up on easy tax benefits for education and to get a
return on their higher education investment come tax day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
BACKGROUND: Higher education pays great dividends, not only in the form
of personal satisfaction and rewarding employment, but also
through tax credits and deductions. Federal income tax law
provides two education-related tax credits and two
deductions. These tax benefits add up to real money -- and it
goes right back into the taxpayer's pocket. A recent College
Board study found that 9 million tax filers benefited from
tax credits and deductions for higher education with an
average benefit of $668.
Sallie Mae's comprehensive online "going-to-college"
resource, http://www.CollegeAnswer.com, has tools and
information on these valuable tax benefits. In addition,
Sallie Mae's book, "How to Pay for College," includes a
chapter on taking advantage of education tax benefits.
INTERVIEWS: Experts from Sallie Mae, the nation's leading saving- and
paying-for-college company, are available for interviews.
They can offer practical, consumer-friendly tips to help
families take advantage of education-related tax credits and
deductions.
SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the
nation's leading provider of saving- and paying-for-college programs. The
company manages $142 billion in education loans and serves nearly 10
million student and parent customers. Through its Upromise affiliates, the
company also manages $15 billion in 529 college-savings plans, and assists
more than 7.5 million members with automatic savings through rebates on
everyday purchases. Sallie Mae and its subsidiaries offer debt management
services as well as business and technical products to a range of business
clients, including higher education institutions, student loan guarantors,
and state and federal agencies. More information is available at
http://www.salliemae.com. SLM Corporation and its subsidiaries are not
sponsored by or agencies of the United States of America.
SOURCE Sallie Mae
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Related links:
http://www.salliemae.com
http://www.CollegeAnswer.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a
AP Archive: http://photoarchive.ap.org PRN Photo Desk
photodesk@prnewswire.com
http://www.prnewswire.com/comp/827187.html/
CONTACT:
To schedule an interview: Erica Eriksdotter,
+1-703-984-5628, erica.eriksdotter@salliemae.com, or Beth
Guerard, +1-703-984-5621, beth.guerard@salliemae.com, both of
Sallie Mae
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