Why are scholarships considered an income? Puts my sons income higher and risk not getting financial aid next year.

If your son is a full-time student, the scholarship income is not taxable and will not appear on his return. When entering the T4A for the scholarship, Box 105 has a few options to pick from. If he was/is a F/T student, choosing the F/T option for box 105 will correct the income entry.

Thanks Jennifer.

What about RESP that we used to pay for his program. This is claimed as an income correct?? Or do I have it in the wrong spot. I put it in 042

He should have a slip for the RESP  income. Enter the amounts as they appear on the T4A (Box 42 is the taxable portion). Enter each slip individually.