There are a number of federal income tax credits that are available to parents and students. The attached information will assist you in determining whether these tax credits can assist you in the financing of your higher education objectives.
The National Association of Financial Aid Administrators (NASFAA) Guide to Federal Tax Benefits for Tuition and Fees provides help explaining two federal tax credits for college expenses - the Hope Scholarship and Lifetime Learning tax credit, as well as available tax deductions for tuition and fees and links to related IRS publications.