You may qualify for a tuition tax credit! South Carolina Act 40 of 2017 increased the amount of income tax credit for tuition at both two and four-year institutions for tax years beginning after 2017.
Students attending public or independent institutions of higher education in South Carolina are allowed a refundable individual income tax credit equal to 50 percent tuition paid, not to exceed $1,500, during that taxable year.
Please share this information with your financial advisor to see if you are eligible for the tax credit.