Reference

Tuition Tax Credit

Tuition Tax Credit

Plain meaning

A non-refundable tax credit for eligible tuition fees paid to qualifying educational institutions.

Also called

education credit tuition amount T2202

Key points

  • Eligible tuition is generally reported by institutions on a T2202 or similar slip.
  • The credit can reduce tax otherwise payable, but unused amounts may be carried forward or transferred within limits to eligible family members.
  • Not every education-related cost qualifies; books, housing, transportation, and student fees follow separate rules.
  • The federal education and textbook amounts were eliminated, but tuition amounts remain relevant.
  • Provincial and territorial tuition-credit rules can differ from federal rules.

Why it comes up

Tuition credits affect students, families, carryforwards, transfers, and education-affordability measures.

News signals

student tax credits T2202 slips education affordability

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