Part-time student with a scholarship

Instructions

1. Open the tax software
2. Review the Background information and Required slips (tax slips, receipts, etc.)
3. Provide all required information for the appropriate sections of the tax software
4. Once completed, compare your results with the solution provided
5. Afterwards, refer to the Takeaway points

Background information

Situation

Antoine is working full time and pursuing a part-time degree at the University of Canada which granted him a scholarship. Antoine received Form T2202, Tuition and Enrolment Certificate, from the school.

Antoine’s 2023 notice of assessment (NOA) indicates that his Canada training credit limit (CTCL) for 2024 is $1,250 and he wants to claim this amount. He does not have any unused tuition amounts from prior years. He also wishes to claim $300 for program-related materials he paid for during his studies.

Identification information

Required slips

T4 – Statement of Remuneration Paid (Foodock Co.)

T4A – Statement of Pension, Retirement, Annuity, and Other Income (University of Canada)

T2202 - Tuition and Enrolment Certificate (University of Canada)

Review your results

Solution to Part-time student with a scholarship.

Takeaway points

Steps to follow

1. Review their background information and required slips
2. In Interview setup, tick the boxes next to:
   • Employment income and employment insurance benefits (T4, T4E/RL-6) in the Employment and other benefits section
   • Pension income, other income and split pension income, COVID-19 benefits (T4A, T4FHSA, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032) in the Pension and other income section
   • Tuition, education, textbooks, student loans, and Canada training credit in the Student section
3. Click T4 and employment income in the left side menu, then click the + sign next to T4 income (earned in any province except Quebec) to enter the information from Antoine’s T4 slip
4. Click T4A, T4FHSA and pension income in the left side menu, then click the + sign next to T4A – Pension, retirement, annuity, and other income (COVID-19 benefits) and select [105] Scholarships, bursaries, fellowship from the OTHER INFORMATION (COVID-19 benefits) drop-down menu to enter the amount from Antoine’s T4A slip into the field next to it
5. Click Tuition, education, student loans in the left-side menu, then click the + sign next to T2202 Tuition and enrolment certificate* (TL11A/TL11C/TL11D) (line 32300)
6. In the Current year tuition amount section, enter the amounts from Antoine’s T2202, Tuition and Enrolment certificate
7. Click Tuition, education, student loans in the left-side menu, then click the + sign next to Part-time program details if you received scholarship, fellowship, and bursary income to be included at line 13010
8. Calculate the total amount paid for tuition found on the T2202 plus the cost of materials and enter it into the Tuition fees and costs of part-time education program-related material paid for current year field
9. Click Tuition, education, student loans in the left-side menu, then click the + sign next to Canada training credit (CTC) and enter the CTCL amount from Antoine’s 2023 NOA into the Canada training credit limit (CTCL) for 2024 field
10. Select Yes from the Do you want to claim the Canada training credit in the current year? drop-down menu
11. Leave the Enter the Canada training credit you are claiming field blank

Since Antoine is a part-time student, his scholarship exemption is equal to the tuition fees he paid ($3,000), plus the costs of program-related materials ($300), plus the $500 basic scholarship exemption, for a total of $3,800. No amount is reported on line 13010 because the total amount is greater than the $3,000 scholarship he received. The amount of tuition fees that Antoine may claim on line 32300 is reduced by the $1,250 CTC amount he is claiming, which is reported on line 45350 of his tax return.

For more information, refer to UFile instructions.