Students in their fifth year of study who are in a co-op program are now eligible for the 30% off tuition grant that the Liberal government of Ontario brought into effect in 2012. This was announced January 16th at the University of Waterloo. Kitchener Centre MPP John Milloy and Brad Duguid, the Minister of Training, Colleges and Universities made the announcement on Monday.
Student groups in Waterloo and in other regions were credited by Duguid for advocating the extension of the grant to fifth-year co-op students. Last year, 230,000 students took advantage of the grant first brought into place in 2012. This extension of the grant will help about 5,000 co-op students, many of them at the University of Waterloo. This change will help make university more affordable for post-secondary students. The grant will provide students with a tuition rebate up to $1730.
As you accept that new co-op job (congratulations!), you may have to embark on a second search, one for a place to live. What follows are some ideas on how to find a place to rent, how to go about selecting roommates, and how to sublet your current room if you happened to sign a lease over a period of time when you won’t be living in the house.
Tax management is an important aspect of personal finance because of its potential impact on your financial health. Diving through the complexities of the Canadian taxation system, students can find several dedicated benefits to relieve their tax owing. Knowing whether one is eligible for tax credits and deductions can be the difference between owing further tax payments or receiving a refund from the government. Students are a special group of individuals have special privileges to many different types of tax credits and deductions, which can benefit not only the student’s finances, but also supporters of the student. In this post, let us explore some of the available tax credits for students, where and how to use them.