✔️ Please note that you're eligible to claim the deduction if all of the following points apply:
📌 You paid interest on a qualified student loan in tax year 2025;
📌 You're a full time student and a degree candidate (if you have already graduated during 2025, you cannot claim the student loan interest) ;
📌 Your filing status isn't 'Married filing separately';
📌 Your student loan is from a US bank;
📌 Your MAGI (Modified Adjusted Gross Income) is less than a specified amount which is set annually;
🚨 IMPORTANT: Please keep in mind that if you do NOT meet even one of those conditions, you will not be eligible to claim the student loan interest deduction.