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What are the tax implications, if any, of a PhD Tuition Fee Award?

April 26, 2017award fee implications PHD tax tuition

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What are the tax implications, if any, of a PhD Tuition Fee Award?

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PhD Tuition Fee Awards are considered scholarships, and thus will be reported to the Canada Customs and Revenue Agency. T4A forms for the PhD Tuition Fee Award will be issued to students at the end of the calendar year.