Qualified Student Loan

This is a loan you took out solely to pay qualified education expenses (defined later) that were:

• For you, your spouse, or a person who was your dependent when you took out the loan.
• Paid or incurred within a reasonable period of time before or after you took out the loan.
• For education provided during an academic period for an eligible student.

Loans from the following sources are not qualified student loans:

• A related person.
• A qualified employer plan.