Tax Matters for Students:

  • Post-Secondary Scholarships, bursary and fellowship income is fully exempt from tax when received in connection with a program for which the student will get an education amount tax credit (any accredited Canadian college or university).
  • Where the scholarship or bursary is not from an accredited institution, the first $500 is exempt.
  • Tuition Fees are fully deductible if they total more than $100 and are paid to a post-secondary educational institution in Canada (*some i...

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