We have compiled a list of items that students should pay particular attention to throughout the year so that they may save more of their money when tax time rolls around. Even if you are a student and know you won’t owe any taxes to the government, you should still file your tax return if you have earned income during the year because (a) the government might actually owe you some money and (b) it will create Registered Retirement Savings Plan (RRSP) contribution room for future years.

There is a tuition fees tax credit available for tuition fees that are over $100 for most post-secondary courses. This also includes occupational training courses for people 16 and over. Only mandatory fees can be claimed, thus, fees for medical care, student association fees, and other such non-mandatory fees cannot be claimed.  You will be required to obtain an official income tax receipt from your educational institution in order to qualify for this credit.
For courses taken outside Canada, or from inside Canada by correspondence, more specific rules apply. For example, for courses taken outside Canada, the courses must have at least a 13 week duration in order to qualify for the tuition fees tax credit.

This credit is available to students based on how many months they spent in a qualified post-secondary program. You may claim $400 per month for every month or part month you were enrolled full-time in a designated post-secondary institution. For part-time enrolment in a qualifying educational program you can claim $120 per month, unless you are attending a qualifying educational program part-time and are eligible for the disability tax credit, in which case you may still claim the full $400 amount. If you are enrolled in a qualifying educational program in connection with employment, you may qualify for the education amount as long as your employer does not reimburse you for your educational costs.
In order to qualify for the education amount, you must obtain from your post-secondary institution either the T2202 form or the T2202A form (this can often be obtained online via your student account). 

There is a non-refundable tax credit available for post-secondary students. For every month the student is enrolled in full-time studies, there is a tax credit of $65 available to the student. For every month the student is enrolled in part-time studies, there is a tax credit of $20 available to the student. Proof of purchase of the textbooks is not necessary.

As of 2007, scholarship, bursary, fellowship and achievement prize income received in a taxation year are tax exempt, and therefore need not be included on the tax return, provided your program qualifies for the education amount. This exemption is available for qualified post-secondary institutions, as well as qualified elementary, secondary and occupational training programs. If your program is not a qualifying program, you are not eligible for this amount and only the first $500 of the award(s) is tax exempt. Research grants are taxable, but expenses incurred to conduct your research can be deducted.

Student loans are non-taxable and you may claim a tax credit on any resulting eligible interest. Eligible interest is interest from a loan that was obtained under the Canada Student Loans Act, the Canada Student Financial Assistance Act, or a similar provincial/territorial law for post-secondary education. Only the student may claim this amount, even if the resulting interest was paid by another person. Student loan interest tax credits may be carried forward for up to five years.

A If you are a student who is moving at least 40km closer to a full-time at a post-secondary institution, or to a summer job position, you may claim the costs of moving against non-exempt scholarship, fellowship, bursaries, research grants, and income earned from part-time employment during the school year. This benefit also applies to students who leave school and begin their new career, as these expenses can be deducted against their new employment income.
Moving expenses include transportation costs, lodging, and any meal costs incurred en route. Any unused moving expenses may be carried forward to future income earned in the next year. If your employer reimburses you for some or all of your moving expenses, then you may only deduct the portion that you have not been reimbursed for. You should keep all receipts, as the CRA may ask to see them.