Students that receive Pell Grants should be required to pay back a percentage of the money received if they are expelled from their education program due to unethical academic behavior, such as cheating or plagiarism.
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A tax credit directly reduces your tax, dollar for dollar. Within tax credits, some are refundable tax credits and some are non-refundable tax credits. A refundable tax credit can reduce your total tax to a negative number, which means the government pays you. A non-refundable tax credit can reduce your tax to zero but your tax can’t go below zero. Once the tax has been paid or taxable income is zero, only refund the... more »