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How do I report a student grant in T4A box 150?

 
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How do I report a student grant in T4A box 150?

If you received a grant (box 105 of a T4A). Report it as scholarship income in one of the first two options (full-time or part-time whichever the case may be). For example, if you were a full-time student, you would enter the Box 105 amount in the spot for Full-time students on the T4A screen, and if you were a part-time student you would enter the Box 105 amount in the spot for Part-time students. The grant could also qualify for the scholarship exemption and be considered non-taxable.

 

For more information, see the links below:

CRA - Scholarships, fellowships, bursaries, and artists' project grants 

TurboTax - Financial Awards That Qualify for the Scholarship Exemption