Maryland's Student Loan Debt Relief Tax Credit Application is Open, Deadline to Apply is September 15

The Maryland Higher Education Commission's Student Loan Debt Relief Tax Credit (SLDRTC) program provides $9 million in tax credits to Maryland taxpayers filing their 2025 tax returns. The SLDRTC application is now OPEN and the deadline to apply is September 15, 2025.

"Maryland taxpayers are encouraged to take the time out to complete the tax credit application," said Dr. Sanjay Rai, Secretary of the Maryland Higher Education Commission. "Any amount received can provide relief by helping to alleviate existing student loan debt."

To qualify, applicants must:

* Maintain Maryland residency for the 2025 tax year

* File 2025 Maryland state income taxes

* Have initially incurred at least $20,000 in undergraduate and/or graduate student loan debt

* Have at least $5,000 in outstanding student loan debt at the time of applying for the tax credit

* Currently be making payments on their student loans

All eligible Maryland taxpayers are welcome to apply for the SLDRTC program. Maryland State employees with student loan debt will receive awarding priority.

Tax credit recipients must prove they have used the full Student Loan Debt Relief Tax Credit amount to pay their eligible student loans. If they cannot, they will be expected to return the credit.

To view a list of frequently asked questions and information on how to apply, visit the website.