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Sunday, March 7, 2010

Tuition Rebate Program Reminder

Recent university or college graduates looking for some extra cash this tax season are being reminded to apply for the provincial tuition rebate program.

Eligible applicants could receive up to $20 thousand dollars in rebates over 20 years, with the maximum rebate being $4 thousand dollars a year.
The amount received equals the amount of provincial tax payable on your tax return.
To qualify for the program you must have paid tuition at a post secondary education institution after January 1st, 2005, live in New Brunswick, file an income tax return, and be a graduate.