Starting in October of 2009, The Institute of Culinary Education, Inc. (ICE) became eligible to participate in a student aid program administered by the U.S. Department of Education. Therefore, certain federal tax benefits may be available to you if you are paying educational costs for yourself or in many instances another student who is member of your immediate family. Students may be able to deduct qualified educational expenses paid during the year for themselves, their spouses, or dependants. Depending on a students personal situation, the following benefits may be available:

• Tuition and Fees Deduction (reduce income subject to tax by up to $4,000)


• American Opportunity Tax Credit (up to $2,500)


• Lifetime Learning Credit (up to $2,000)

For more information, refer to the IRS publication 970 Tax Benefits for Education here.

IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any tax advice contained in this communication (including any attachments) was not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

*Financial Aid is available to all those that qualify