Full-Time Student

AAA

DEFINITION of 'Full-Time Student'

A status that is important for determining dependency exemptions. Full-time status is based on what the individual's school considers full time.

INVESTOPEDIA EXPLAINS 'Full-Time Student'

An individual enrolled in a post-secondary institution may be eligible for certain tax breaks.

RELATED TERMS
  1. Vocational Degree

    An educational certificate that specifically prepares an individual ...
  2. Twinternship

    An internship in which the intern is charged with using social ...
  3. PLUS Loan

    A low-cost student loan offered to parents of students currently ...
  4. Education IRA

    A savings plan for higher education. Parents and guardians are ...
  5. Exemption

    A deduction allowed by law to reduce the amount of income that ...
  6. Exempt Income

    Certain types or amounts of income not subject to federal income ...
RELATED FAQS
  1. How can I lower my effective tax rate without lowering my income?

    There are lots of ways to lower your effective tax rate, although your individual circumstances determine whether you can ... Read Full Answer >>
  2. Do I need to file an income tax return every year?

    Contrary to popular belief, there are indeed situations where a person does not need to file a tax return every year. For ... Read Full Answer >>
  3. How can I find out which income tax bracket I am in?

    U.S. federal tax brackets are based on filing status (single, married filing jointly, married filing separately or head of ... Read Full Answer >>
  4. What is the difference between income tax and capital gains tax?

    The conceptual difference between income tax and capital gains tax is that income tax is the tax paid on income earned from ... Read Full Answer >>
  5. Which factors drive the marginal propensity to consume?

    A limited liability company (LLC) is not a separate entity from its business owners but is instead considered a pass-through ... Read Full Answer >>
  6. What are some of the arguments against a value added tax (VAT)?

    Critics of the value-added tax, or VAT, system say that not only is it costlier to implement compared to the ad valorem system, ... Read Full Answer >>
Related Articles
  1. Savings

    Don't Forget The Kids: Save For Their Education And Retirement

    Retirement and education financing are the two most important planning items for taxpayers.
  2. Personal Finance

    College Dorms: Good Value Or Ripoff?

    Living on campus can have many benefits, but they often come at a price.
  3. Insurance

    Investing In Your Child's Education

    Overwhelmed by increasing tuition costs for your kids? The U.S. government can help.
  4. Professionals

    Internships: Find The Best One For You

    It only takes a little legwork to land a prestigious career while you're still in college.
  5. Professionals

    Ace Your Business School Courses

    Work smarter, not harder, to get top grades in your business school classes.
  6. Insurance

    Tuition Insurance Takes Sting Out Of Withdrawal

    Dropping out of school can mean forfeiting all your tuition. Find out what protection is available.
  7. Budgeting

    4 Tips For Cutting Your College Costs

    Find out how to get the life you want on the paycheck you have now.
  8. Budgeting

    Pay For College Without Selling A Kidney

    Save thousands of dollars on tuition with these tricks and little-known programs.
  9. Budgeting

    Students, Get More Bang For Your Textbook Dollars

    Find out how to keep the cost of your textbooks from approaching your tuition expenses.
  10. Budgeting

    Are The Volunteer Corps Right For You?

    The Peace Corps and AmeriCorps offer low pay, but they offer higher benefits down the road.

You May Also Like

Hot Definitions
  1. Mixed Economic System

    An economic system that features characteristics of both capitalism and socialism.
  2. Net Worth

    The amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure ...
  3. Stop-Loss Order

    An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit ...
  4. Covered Call

    An options strategy whereby an investor holds a long position in an asset and writes (sells) call options on that same asset ...
  5. Butterfly Spread

    A neutral option strategy combining bull and bear spreads. Butterfly spreads use four option contracts with the same expiration ...
  6. Unlevered Beta

    A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta ...
Trading Center