9 May 2006 Internal T.I. 2006-0176371I7 F - Bourses d'études ou d'entretien -- summary under Paragraph 56(1)(n)

After stating that “bursaries are grants given to students who need financial assistance to continue their education,” CRA found that bursaries paid to Quebec students under the Program québécois de prêts et bourses (the Quebec loans and bursaries program) by converting loans initially made to them into bursaries (following an ARQ verification of their income) that, thus, did not have to be repaid, were includible in income under s. 56(1)(n), subject to the exclusions under s. 56(3).