what is the other tax credit besides the one you already told me about?
There is also the Lifetime Learning Credit which allows you to claim up to $2,000 per student per year.
are there any of those prepay programs that gives us tax benefits?
We have the QTP/529 plan, it is established by a state or school so that you can either prepay or save up to pay education-related expenses. Once you are in college and you withdraw money from your account to pay your education expenses, the money you withdraw will not be taxed.