Certified as a Designated Educational Institution
PrepFormula is certified as a Designated Post-Secondary Educational Institution by the Ministry of Employment and Social Development Canada.
You'll get a T2202A receipts to claim education-related tax credits, such as the tuition tax credit under the Income Tax Act.
A significant portion of your tuition may be refunded through Education Tax Credits when you file your T4.
T2202 Issued For Course Fees
PrepFormula is certified as a Designated Post-Secondary Educational Institution.
Students can a credit based on an amount of up to $400 per month (and Textbook tax credit of $65 per month) for every month registered in a PrepFormula course.