### Question
How is the "qualified education loan" defined?


### Answer
The term **qualified education loan** is defined in *26 U.S.C. § 221* as follows -

> any indebtedness incurred by the taxpayer solely to pay qualified higher education expenses—


(A) which are incurred on behalf of the taxpayer, the taxpayer's spouse, or any dependent of the taxpayer as of the time the indebtedness was incurred,


(B) which are paid or incurred within a reasonable period of time before or after the indebtedness is incurred, and


(C) which are attributable to education furnished during a period during which the recipient was an eligible student

#### Citation:
  - *26 U.S.C. § 221*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VII-ADDITIONAL ITEMIZED DEDUCTIONS FOR INDIVIDUALS**

