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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.
(online bachelor's degree tuition rates vary based on your transfer credits) 1  Estimated with 90 transfer credits: $10,500. 2  Estimated with 60 transfer credits: $21,000. 3  Estimated with 30 transfer credits: $31,500.