Some borrowers may qualify for a student loan interest deduction, despite payment pause

If you owe student loans that haven’t been eligible for the government’s break, including commercially held Federal Family Education Loans (FFEL) or any private student loans, you may have made interest payments that can be deducted.

The best way to determine if you have potential interest to claim is to contact your loan servicer, said Betsy Mayotte, president of The Institute of Student Loan Advisors.