Student Income Tax 2025
(For Information Purposes)
All students are encouraged to contact the Canada Revenue Agency’s website for assistance with individual tax information. For a list of topics and services geared toward students, please visit canada.ca/taxes-students for more information.
MMF Post-Secondary Education Support Program
All funds received from the MMF Post-Secondary Education Support Program (PSESP) is considered taxable income. Students who accepted these funds will receive a T4A Slip for the year the award was received, which will indicate scholarship, fellowship, and bursary income, or payments from a registered education savings plan.
Some scholarships or bursaries may be eligible for scholarship exemption. It is advised that students click on the following link Guide P105, Students and Income Tax to access Canada Revenue Agency’s student guide, for students and income tax information.