Question #7

4When you are in the repayment stage of your student loan,
you can _______________________.

• claim an education deduction of $750 per month of study if you are in full-time study
• receive a tax credit on the interest portion of the amount paid on student loans each year
• claim child care expense deduction if you are in full-time study
• receive a tax credit for the first $5000 earned annually in part-time work while if you are in full time study