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February 25, 2025
Question

If I have taxable income and have made student loan payments all year- what are reasons I would not qualify for the MN student loan credit?

  • February 25, 2025
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    1 reply

    February 25, 2025

    Some of the requirements to be eligible for the MN Student Loan Credit are:

     

    • Need to be a full year or part-year resident of MN
    • Made payments on your own qualifying education loan
    • You also need to meet the income requirement (if your income exceeds the Adjust Gross Income limit you wont qualify)

    For more information about the credit check on the link below

     

    https://www.revenue.state.mn.us/student-loan-credit

     

    To check on the Income limit click below

     

    https://www.house.mn.gov/hrd/pubs/ss/ssstloancred.pdf