Repay a student loan - Tax information

Tax credits for student loans

You receive a 15% tax credit on any interest you pay on your government student loans each year. This credit applies to interest payments you make on both your federal and provincial or territorial student loans.

You can get your T4A documents and statements in your NSLSC account at the start of each calendar year.

To learn more, visit how to claim the interest paid on your tax return.