Ch. 15 & Ch. 12 are picking this up! The release was sent out 5.19.09
GO TO A MARICOPA COMMUNITY COLLEGE FULL-TIME & BOOKS FOR ONLY $500 A YEAR!
PHOENIX— The Maricopa County Community College District Faulty Association, who represents the entire faculty at all the community colleges, is encouraging all students to take advantage of the American Opportunity Tax Credit. For only $500 a year, a student can go to school full-time (30 units) and pay for books at one of the Maricopa County Community Colleges.
“We feel this incentive will help more students that are financially strapped to go back to school,” stated Jim Simpson, CPA and President of the MCC Faculty Association.
In brief, the American Opportunity Tax Credit specified:
* Any full-time college or university student is eligible.
* A $2500 partially refundable tax credit.
(Please consult a tax professional on how this will benefit you personally.)
Hypothetical example:
Qualified Expense Amount Paid
Tuition for 30 credits ($71 per credit) $2,130
Registration fees for 2 semesters ($15) $30
Books for 10 courses (estimate) $ 840
Total Expenses Paid $3,000
Calculating the credit: The student pays $3,000 and receives a credit of $2,500 on their income tax return. Net cost to the student for thirty credits of MCCCD education: $500.
“Our community colleges are an essential component to the state’s economic recovery. When people are laid off from work, the first place they turn for retraining and advancing their education is the community college,” said Simpson. “I am happy that Maricopa County Community Colleges and faculty can contribute to the potential up-turn of the economic market.”
The MCC Faculty Association represents residential faculty for the ten colleges of the Maricopa County Community College District (Chandler-Gilbert, Estrella Mountain, Gateway, Glendale, Mesa, Paradise Valley, Phoenix, Rio Salado, Scottsdale and South Mountain). The Association represents the interest of faculty members including educational priorities, employment rights and responsibilities, employment conditions and salaries.
For more information, or to schedule an interview, please contact Stacey Dillon of PRfect Media at (480) 540-8736.
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