For Students Line 130 Income from

Scholarships and Awards

Income Tax Act s. 56(1)(n), 56(3)

Starting with 2006 taxation year, scholarships, bursaries and fellowship income is fully exempt from tax for all provinces and territories except Québec.  Scholarships, bursuries and fellowship income is exempt from tax when it is received in connection with the program for which the student will get an education amount tax credit.  The income in not reported on the tax return.


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