Asked
if parent is paying university tuition and expenses for kid, are there any tax deductions for either tuition or room and board?
Clint’s answer
Students can transfer up to $5,000 federal and $5,000 provincial educational credits in the year in which they received the credits.
Medical expenses can be deducted if the student is also a dependant.
Room and board is not a deductible expense, however moving costs would be if the move was 40km closer to the school or institution than the original address.
May 15, 2025
From Ask Clint: real questions from a Canadian public finance forum, answered by Clint Cole. Names are changed. This is general information, not advice for your situation, and rules and dollar figures may have changed since Clint answered. Terms