Freedom Of Information
Due to the Freedom of Information Act, personal information cannot be released to anyone other than the student without the student's signed consent. This includes parents, relatives, faculty, public and private organizations. Students wanting to give authorization for others to contact the Student Accounts Office on their behalf must return a signed consent form to this office.
In order to keep our database up-to-date and to keep you, as a parent/guardian, informed of our fundraising programs,
services, special events, etc., we request that you voluntarily fill out this form.
Tax Forms
Availability
By the end of February, T2202A tax receipts will be available to students on-line at MyTrent.
Past students have 18 months from their last registration after leaving Trent to log into the portal and retrieve tax forms. For assistance with forgotten user IDs and passwords, please contact the Helpdesk at: it@trentu.ca.
T2202a - Canada Customs & Revenue Agency dictates that to be eligible to receive a T2202a the fees paid to an educational institution must exceed $100.00 and courses must be at a post-secondary level. The T2202a will show the eligible fee amounts for the Tuition Tax Credit for the applicable taxation year. The calculation includes all registration fees except transportation and student levies. The full-time and part-time education amount is calculated based on the number of months a student is actively enrolled in an eligible course.
Reporting Errors or Obtaining Duplicates: a prior-year tax form can be provided at a cost of $18.50 per tax form and will take 24 hours to produce.
Privacy
University privacy guidelines will not allow the release of student information to any one other than the student concerned without the written permission of the student. Further information on the University's privacy policy is available on our Access & Privacy Policies page.
Tuition Amount Calculations
Time Period Covered
The Income Tax Act provides for a tax credit in respect of eligible tuition and other fees paid or assessed for a taxation year (January to December inclusive).
Receipts issued will cover only sessions attended during each particular taxation (calendar) year. As a consequence, amounts covering the full academic session that commences in September 2011 and ends in April 2012 will not be used. Only the September to December 2011 and other terms during 2011 will be covered by the certificate.
For example, a student paid $1000 tuition for one full course that is offered over the Fall/Winter academic session 2011/2012 (September - April).
The 2011 T2022A certificate will show:
Session Periods = Sept-Dec 2011
Tuition Fees = $500
In other words, tuition receipted will show only the assessed cost of those course registrations, or part thereof, that actually occur during the 2011 taxation (calendar) year. (Using the above example, the remaining $500 will be receipted on the 2012 tax certificate.)
Tuition Assessed versus Tuition Paid
Tax receipts issued by Trent University will show the amount of eligible tuition and other fees assessed, not the amount of tuition actually paid during a taxation (calendar) year.
T4A & T4 Tax Receipts
T4A tax receipts are issued for either scholarships, bursaries or other monetary awards. These slips are mailed to the most recent address on your official file and are also mailed to the web address on file.
T4 tax receipts are issued by an employer to employees for income they earned in the calendar year. For information on these T4s only, contact the Payroll Office.
Ontario Tax Credit
If you lived in a residence at a designated Ontario university, college
or private school residence, you can claim only $25 as your occupancy
cost for the part of the year you lived in such a residence.
Ontario tax credits are funded by the province. Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system. Claim your $25 tax credit on form 5006-TC ON 479 Ontario Credits (student residence line 6114) included in your federal T1-General income tax
return. An official letter from the University is not required as the
student completes the information requested in the declaration for the
property tax credit.
The Canada Revenue Agency stipulates that you cannot claim meals and
lodging as tuition fees. Current information on CRA regulations and
guidelines for tuition and education amounts can be found online on the
Students and Income Tax
page.
Assistance with Your Claims
Canada Revenue Agency guidelines for students 'Students and Income Tax' can be obtained directly from their web site at:
- P105 - Students and Income Tax
- For assistance in claiming tuition and education amounts (including textbooks):
- You may also call your local Canada Revenue Agency office.
Additional Tax Links
Canada Revenue Agency
Change of Address
It is the student's responsibility to maintain current and up-to-date mailing address, e-mail and contact information on the records of the University. Address changes and updates to contact information may be done through MyTrent.