MARYLAND (WDVM) — Have student loans? You just may qualify for some relief this tax season.
Governor Larry Hogan announced Maryland residents with student loan debt would receive nearly $9 million in tax credits for student loan debt.
There are currently 9,600 applicants who are eligible. Around 6,300 of eligible participants that attend/ed in-state schools will receive $1,000 in tax credits. Around 3,200 applicants who attended out of state institutions will receive $813 in tax credits.
9,484 Maryland residents were awarded tax credits under the initiative last year.