Oregon Tax Consultants Practice Exam 2025 – Complete Study Resource

Receiving the American Opportunity Credit necessitates that the student is actively pursuing a degree or an eligible credential. This requirement ensures that the credit is aimed at those who are formally engaged in a program of study that leads towards the completion of a higher education qualification. The intention behind this criterion is to provide financial assistance specifically to those who are enhancing their education and workforce prospects through a degree program.

While being a full-time student may help in qualifying for the credit, it is the active pursuit of a degree that is fundamentally required. Other options, such as limitations on prior college attendance or specific income thresholds, do not reflect the primary controlling factor for eligibility, which is focused on the pursuit of a degree. Thus, the emphasis on pursuing a degree aligns perfectly with the purpose of the American Opportunity Credit, which is to help students with the expenses incurred during their education.