Qualified Higher Education Expense Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an eligible post-secondary institution. Investopedia Says: These expenses are important because they can determine whether or not you can exclude the interest off of a qualified savings bond from your taxable income. Related Terms: Education IRA Exempt Income Exemption Expense Full-Time Student Lifetime Learning Credit Qualified Savings Bond Student Loan Interest Deduction |