Description
Implement education-related tax credits and benefit programs.
Federal Education Credits
- Canada Training Credit
- Tuition Tax Credit
- Education and Textbook Tax Credits (historical)
- Student Loan Interest Tax Credit
- Lifelong Learning Plan (RRSP withdrawals)
Student Financial Aid
- Canada Student Grants
- Provincial student aid programs
- Needs assessment calculations
Provincial Education Benefits
- Ontario Student Assistance Program (OSAP)
- Quebec's Aide financière aux études
- BC Access Grant
- Alberta Student Aid
Implementation Requirements
- Tuition fees input variable
- Student status indicator
- Education months
- Part-time vs full-time status
- Income testing for grants
- Carry-forward provisions for unused credits
References
Part of SPSD/M parity effort.
Description
Implement education-related tax credits and benefit programs.
Federal Education Credits
Student Financial Aid
Provincial Education Benefits
Implementation Requirements
References
Part of SPSD/M parity effort.