Start saving with the Manitoba Tuition Fee Income Tax Rebate
By providing post-secondary graduates with a 60% income tax rebate on their eligible tuition fees, theTuition Fee Income Tax Rebate helps young Manitobans like you pay for your education while living and working here in Manitoba.
Make your first claim on this year's income tax return!
If you graduated with a degree, diploma or certificate from a postsecondary institution recognized by the Canada Revenue Agency on or after January 1, 2007 and now work and pay taxes in Manitoba, you can benefit from the Tuition Fee Income Tax Rebate. It doesn’t matter if your post-secondary training took place in Manitoba or elsewhere. You can make your first claim on your 2007 income tax return.
How it works
You are entitled to receive a 60% income tax rebate on your eligible tuition fees to a maximum of $25,000. You can claim your rebate over as little as six years or as long as twenty years.
Here are some examples of what this rebate could mean to you:
Tuition Fees* 60% Rebate
Arts $11,800 $ 7,080
MBA $19,870 $11,922
Carpentry/Electrical (one year) $ 2,373 $ 1,424
Law $32,226 $19,335
Medicine $37,378 $22,427
Engineering $19,674 $11,804
Nursing $19,761 $11,857
Computer Analyst/Programmer $ 7,169 $ 4,302
Aircraft Maintenance Engineer $ 6,893 $ 4,136
Transport Driver Training $ 4,600 $ 2,760
Dentistry $28,966 $17,380
Pharmacy $26,644 $15,987
*Net of total tuition plus additional eligible fees minus 10% Manitoba tuition reduction
Source: 2006/2007 tuition fees for the University of Manitoba and Red River College
For More Information
To find out more about how Manitoba's Tuition Fee Income Tax Rebate can help you put money in your pocket as you put down roots in Manitoba, please call the Manitoba Tax Assistance Office at 948-2115 or toll-free 1-800-782-0771. |
