How do I find out about my tax information?

Taxpayers can deduct up to $2,500 on their federal income taxes for interest paid on eligible student loans. This deduction reduces the amount of income that may be taxed and can be claimed even if you don't itemize deductions.

The amount of interest paid on your student loan account throughout the year can be found through the online account access system at www.edfinancial.com/paynow. After logging into your account, choose the option “View Your Reportable Interest/Income” to see the amount of interest paid during the previous year that may be used for tax purposes. We also mail this information to you at the beginning of each year as a 1098e tax form. An actual 1098e form is rarely required for tax filing, but we will be happy to provide you with another copy upon request.