Tax Savings Programs

For an up to date listing of educational credits for parents and students please visit the IRS Website

Missouri S&T's intent is not to offer tax advice, but to inform students and parents of potential tax credits. Please contact a tax professional or the IRS at 800-829-1040 or the IRS Office of Public Liaison at 202-622-2970 for details.

Missouri Saving for Tuition (MO$T) Program

The Missouri Saving for Tuition (MO$T) Program provides incentives to save for college expenses by allowing up to $8,000 to be deducted annually from an individual's Missouri adjusted gross income.

Earnings on the account are exempt from state taxes and, beginning Jan. 1, 2002, federal taxes, if they are used to pay the beneficiary's qualifying educational expenses. Call 888-414-MOST or visit the program's web site at for more information.