The Canada Revenue Agency allows students to claim a tax credit on interest paid for student loans. Learn more about eligibility and how to apply.
BCIT students can take advantage of tax benefits on their student loans, including interest paid on government-funded loans. Find out how to claim these benefits on your tax return.
TurboTax explains how to deduct student loan interest on your tax return, including the eligibility criteria and the maximum deduction allowed.
The University of British Columbia provides guidance on maximizing tax benefits for students with loans, including strategies for claiming interest paid and other eligible expenses.
Global News provides an overview of the tax benefits available to students with loans, including the student loan interest tax credit and other deductions.
Simon Fraser University's financial aid office discusses the tax implications of student loans, including the tax benefits and potential pitfalls to avoid.
SimpleTax offers a calculator to help students determine their eligibility for the student loan interest tax credit and estimate the amount of the credit they can claim.
The Institute for Research on Public Policy publishes research on the effectiveness of student loan tax benefits in promoting post-secondary education and reducing student debt.