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Federal Benefits

Veterans Administration Education Benefits

The California Department of Consumer Affairs approves ACTCM on behalf of the U.S. Department of Veterans Affairs to administer educational benefits for eligible students.  Eligibility varies on an individual basis.  Veterans interested in using their benefits are encouraged to begin the application process early, at least three months before enrollment.  For further information, contact the Veterans Administration at (888) GI-Bill-1 or visit the VA website at www.gibill.va.gov

AmeriCorps

The AmeriCorps program provides full-time educational awards in return for work in community service.  You can work before, during, or after your post secondary education, and you can use funds either to pay current educational expenses or to repay federal student loans.  For further information on the program, call (800) 942-2677 or visit the AmericCorps website at www.americorps.org


Tax Credits

Students may be eligible for federal income tax credits for the tuition and fees you pay at Yo San University.  A tax credit directly reduces your tax liability, often times regardless of your income tax bracket. The Lifetime Learning Tax Credit is available for undergraduate, graduate, and continuing education coursework to acquire or improve job skills. It provides a tax credit equal to 20% of qualified tuition and fees (less scholarships, grants, and tax-free tuition benefits) up to a $2,000 maximum credit each year per family, not per student. For more information, see the IRS webpage on the Hope Credit and consult the person preparing your tax return. For information on other Tax benefits, go to the IRS 'Tax Benefits for Education: Information Center.'

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