Can I deduct all the interest reported on the Form 1098-E?

The interest reported on your 1098-E statement could be different from the interest you may be able to deduct when filing your taxes. While interest paid on Higher Education Loans may be deductible, there are specific IRS eligibility criteria, which must be met. Please refer to the “Student Loan Interest Deduction Worksheet” in your 1040 or 1040A instructions for more details on this deduction.