Tax Implications for Bursary Benefits

The tuition bursary program provides the dependents of eligible employees with a financial benefit to be applied towards their tuition fees.

As per the Canada Revenue Agency (CRA), the tuition bursary is not a taxable benefit to employees, and should be treated as income to the family member receiving the benefit. The Tuition Bursary benefit will not be included in the employee's reported income or on the employee's T4 slip. The benefit will be included on a T4A slip issued to the student.

If you have questions about the tax application of the Tuition Bursary benefit, please contact the Human Resources Service Centre at extension 22247.