Family Affordable College Tuition Act of 1997
Official title: To amend the Internal Revenue Code of 1986 to make higher education more affordable by providing tax benefits to individuals who save for, or pay for, higher education.
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See H.R.2014.
Family Affordable College Tuition Act of 1997 - Amends the Internal Revenue Code to provide an income-adjusted deduction for qualified higher education expenses and qualified higher education loan interest paid during the tax year.
Provides an income-adjusted deduction of up to $4000 for payments made to a qualified (higher) education savings plan during the tax year. Excludes plan distributions used to pay qualified education costs from gross income and dependent support determinations.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 82: Family Affordable College Tuition Act of 1997. 105th Congress. Open America. https://openamerica.io/bill/105-HR-82/
"H.R. 82: Family Affordable College Tuition Act of 1997." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-82/.
H.R. 82, 105th Cong. (2026), https://openamerica.io/bill/105-HR-82/.
[H.R. 82: Family Affordable College Tuition Act of 1997](https://openamerica.io/bill/105-HR-82/)