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Donations and contributions to Public Schools are tax deductible and they are treated the same way when you donate to charities.
For the 2014 Tax Year, the Student Loan Interest Deduction and the Tuition and Fees Deduction are the two student tax deductions available. Please note that you can claim only one type of education credit or deduction per student on your federal tax return each Tax Year.or the 2014 Tax Year, the Student Loan Interest Deduction and the Tuition and Fees Deduction are the two student tax deductions available. Please note that you can claim only one type of education credit or deduction per student on your federal tax return each Tax Year.