With the year 2/3 over I'm trying to get an idea of my tax situation for the year. A lot of it depends of whether my second installment of tuition of $4,500 can be paid this year instead of next. If it comes this year I'll meet the $10,000 Lifetime Education credit, if it goes through next year I'll exceed the limits and thus miss out on some of the tax benefits. I'll have to speak to our Financial Aid Coordinator to see what the situation is.

What I understood is that the payments would post as my financial aid comes in, but it looks like they're putting us on the same 4-payment schedule as those that will pay as they go. The next payment would be due January 5th if so. I'm going to ask her to post that payment in December instead. I've already taken out the loans so I'm already paying interest. Might as well have it paid on my tuition when it could help me financially, rather than next year.