An added perk: She can deduct the total amount on her federal tax return.

WSJ: The College-Aid Shuffle

In the case of an investor going long the total return of the NCREIF index, he or she would accept the total return on the NPI (paid quarterly) on a predetermined notional amount and agree to pay the LIBOR rate, plus a spread on the same notional amount.

FORBES: A Guide To Real Estate Derivatives