Residence Fees

Residence fees cannot be claimed as rent for income tax purposes.

Under the Income Tax Act, universities are exempt from paying municipal property taxes. The Ontario Income Tax Act stipulates that all students living in designated University (tax-exempted) student residences are limited to an Ontario Property Tax Credit claim based on an occupancy cost of $25.00 for the time they resided in the student residence.

Therefore the amount that can be claimed for income tax purposes is $25.00 and not the full amount of residence fees paid. 

For more information and to view the list of designated student residences, please visit the Ontario Ministry of Revenue website and review the University and College Residences section (which can be found near the bottom of the page).

Residence Fees, Waterloo Campus

Residence Meal Plan Fees, Waterloo Campus

Residence Fees, Brantford Campus - Please visit the Brantford Residential Services website for information about Brantford residence fees.