The British Columbia government offers a tax credit for student loan interest paid in 2024. Eligible students can claim up to $2,500 in interest paid on their student loans.
Learn about the student loan interest tax credit available to British Columbia residents, including eligibility criteria and how to claim the credit on your 2024 tax return.
Use our calculator to determine how much you can claim for the student loan interest tax credit in British Columbia for the 2024 tax year.
Researchers at the University of British Columbia have studied the impact of the student loan interest tax credit on students' financial well-being. Read the full research paper to learn more.
The British Columbia government has announced an increase to the student loan interest tax credit in the 2024 budget. Learn more about the changes and how they will affect students.
Get answers to frequently asked questions about the student loan interest tax credit, including eligibility, claim amounts, and how to apply, specific to British Columbia residents.
Watch our video tutorial to learn how to claim the student loan interest tax credit on your 2024 tax return as a British Columbia resident.
The Canadian Federation of Students has released a policy brief on the student loan interest tax credit, including recommendations for improvement and expansion of the credit in British Columbia.