What if my tuition cost doesnt reach the lifetime maximum?
Answer Your lifetime maximum must be earned and claimed within 20 years from the year you first claim a credit. In order to benefit from this program you must redeem your full allowable rebate within that time. • If my employer reimburses me for my tuition costs or pays my tuition am I eligible for the rebate? Answer You are eligible as long as you declare the reimbursement or payment by your employer on your personal income tax return as income. • Are tuition costs for a GED or for academic upgrading eligible? Answer No. • How do I apply for the rebate? Answer We are currently working on the legislation for this measure. The Minister of Finance will announce more details when he introduces the legislation later this session. • When can people apply? Answer The first applications will be accepted following the filing of an income tax return for 2006, in 2007. Rebates related to tuition costs for 2005 and 2006 can be claimed at that time, if the individual has New Brunswick income tax p
