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Return to Students and Income Tax  Return to Students and Income Tax

Chart to calculate the portion of the award that must be included in income

Scholarship, fellowship, and bursary income to be included at line 130 if you were only enrolled in a program that entitles you to claim the part-time education amount.

Scholarships, fellowships, and bursaries received for your enrolment in a program that entitles you to claim the part time education amount in 2010, 2011, or 2012     __________ 1
Tuition fees and costs of program related material.     __________ 2
Enter the amount from line 1 or line 2, whichever is less. __________ 3    
Line 1 minus line 2 (if negative, enter "0").     __________ 4
Basic scholarship exemption.        $500.00 5
Enter the amount from line 4 or line 5, whichever is less. __________ 6    
Add lines 3 and 6. This is your total scholarship exemption.     __________ 7
Line 1 minus line 7. This is the amount of your scholarship, fellowship, and bursary income that you must enter on line 130 of your return.     __________ 8

Return to Students and Income Tax  Return to Students and Income Tax