Are student loans in the scholastic income category?

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No, student loans are not considered scholastic income. 

Scholastic income is usually reported on a T-slip or Relevé (RL) slip. It can include: 

• scholarships, fellowships, bursaries, study grants, and artists' project grants (T4A, RL-2)
• research grants (T4A, RL-1)
• withdrawals from an RRSP as part of the Lifelong Learning Plan (T4RSP, RL-2)
• payments from a registered education savings plan or RESP (T4A)
• tuition paid as part of a government-sponsored program such as Career Transition Assistance or Skills Development (T4E, RL-6)
• financial assistance for worker training (RL-20)

For more information, please see our TurboTax FAQ. How do I report student loans or a student line of credit?

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