Qualified education expenses include:
  • Tuitions and fees normally assessed someone carrying the same academic workload as the student,
  • Allowance for room and board, and an
  • Allowance for books, supplies, transportation and miscellaneous expenses of the student [Reg. ยง1.221-1(e)(2)].
Costs of attendance include more items than are included in qualified tuition and related expenses for purposes the American Opportunity Tax and Lifetime Learning Credits.