Abcs of Benefits for Students

  • Goods and services tax / harmonized sales tax (GST/HST) credit: A quarterly payment that helps individuals and families with low or modest incomes to offset all or part of the GST/HST they pay. Be sure to complete the application area on page 1 of your income tax return T1 general and benefit return to receive the GST/HST credit. Remember, you must apply every year.
  • Moving expenses: If you move for work purposes, including summer employment, then you may be able to claim a deduction for moving expenses. You may also be able to claim moving expenses if you move to take courses as a full-time student at the post-secondary level, but you can only deduct these expenses from the part of your scholarships, fellowships, bursaries, certain prizes, and research grants required to be included in your income.
  • Child care expenses: Do you have a child? You or your spouse or common-law partner may be able to claim a deduction for child care expenses (such as day camp payments) so one of you could earn income, go to school, or conduct research.