1098-E Student Loan Interest

Student loan interest is interest paid during the calendar year on a qualified student loan. If you paid $600 or more of interest on a qualified student loan during the calendar year, you should receive a Form 1098-E, Student Loan Interest Statement from each loan servicer.   

1098-E information for interest paid on Federal Perkins Loans or any Brown University intitutional loan programs will be included in the January billing statement for borrowers who paid at least $600 of student loan interest in the previous calendar year.  Borrowers may also view this information online at https://heartland.ecsi.net 

Interest paid on Federal Direct Subsidized, Unsubsidized, or PLUS Loans will be provided by the borrower's Direct Loan servicer.

If you have questions about how much interest you can deduct, you should consult with a qualified tax professional or contact the IRS Taxpayer Assistance line at (800) 829-1040.

The IRS website provides additional details about Tax Incentives for Education.  You may also wish to review the IRS Publication 970