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How much can the student transfer? He or she can transfer up to $5,000 federally, and an additional $5,000 provincially ($5,914 for Ontario residents). These amounts are reduced by the portion of this year's tuition and education amounts that the student used on his or her own return.ut the CRA rules state that the student must first claim the tuition fees on their own return, regardless of who paid it. Once the student's tax payable is reduced to zero, they can transfer leftover amounts, up to $5000, to a spouse, parent, or grandparent.
Tuition transferred from child. Regardless of who paid the tuition, the student must first claim the fees and the education and textbook credit on his or her return. Once the student's tax payable is reduced to zero, leftover amounts can be transferred to a spouse, parent, or grandparent.o. A student can only designate one person to receive the transfer. If the student is making a provincial transfer as well, the same person must be designated to receive both the federal and provincial transferred amounts. (These are CRA rules.).