TAX BREAKS
There are federal tax breaks for college tuition, fees and supplies. Claim a lifetime-learning credit worth up to $2,000 per household every year for courses at an accredited college, vocational school or university. Visit irs.gov for more IRS tax breaks.
FREE CLASSES
Some public schools waive tuition for students 60 and older. Reach out to the local school in your area to find out their rules. You can also audit a class. Some private schools offer audits as well.Lastly, check out Bernard Osher Foundation, which endows “lifelong learning” programs for students 50 and older at educational institutions nationwide.
ONLINE CLASSES
Online courses are definitely the wave of the future. Today it’s not just online universities that offer these courses. Name-brand universities do so as well. The only necessity is you have to be comfortable and knowledgable in the Internet and software programs because there are online forums, projects, quizzes and social media use. Online courses are aplenty: Check out these websites that team up with universities and colleges to offer these classes. Coursera is social entrepreneurship company partnering with Stanford University, Yale University, Princeton University and others. edX has free courses designed specifically for interactive study via the web, provided by MIT, Harvard and Berkeley. Udacity is for-profit educational organization offering massive open online courses. You might have to speed some cash on books and other materials for online classes.
source: Consumer Reports
