Student savings – Interest paid on your student loans

Claim the interest paid on your student loans

You may be able to claim an amount for the interest paid on your student loan in 2014 for post-secondary education. You can also claim interest paid over the last five years if you haven’t already claimed it. Only interest paid on loans received under the Canada Student Loans Act, the Canada Student Financial Assistance Act, or a similar provincial or territorial government law for post-secondary education can be claimed.