No. Your loan is not tax deductible because we expect it will be repaid. However, if your loan is not repaid in full, you may consult your tax adviser to determine if it can be claimed as a tax-deductible loss.

If you prefer to make a tax-deductible gift rather than a loan, select the “give” option. These gifts will go to the student the same as loans, but upon repayment they will not be returned to you. Instead, they will be recycled to fund interest rate subsidies and scholarships.