bursary

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).

By services, 28 November, 2015

Mbarga v. The Queen, 2005 DTC 1447, 2005 TCC 595 (Informal Procedure) -- summary under Paragraph 56(1)(n)

An amount paid by Alberta Human Resources and Employment directly to the University of Calgary to enable the taxpayer to take a technology program constituted a "bursary" ("an endowment given to a student") and also was "received" by the taxpayer given that "the law is clear that 'receipt' includes constructive receipt" (p. 1448), i.e., the enjoyment of advantages without necessarily having them in one's hands.

By services, 28 November, 2015

Simser v. Canada, 2005 DTC 5001, 2004 FCA 414 -- summary under Paragraph 56(1)(n)

Funds received by the taxpayer, who was profoundly deaf and studying to be lawyer, pursuant to the Special Opportunities Grant for Disabled Students With Permanent Disabilities, in order to help defray the costs of real time captioning and sign language interpretation during his attendance at a bar admission course, constituted a bursary for purposes of s. 56(1)(n).

bursary