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Human Resources and Skills Development Canada

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Canada Student Loans Program

Average Tax Rates (for assessing student's and spousal contributions for the 2011-2012 loan year) 1)

Table 6-A: Student's Pre-Study Period Income
Items Covered Monthly Income Class*
$1
to
$1,499		 $1,500
to
$2,999		 $3,000
to 
$4,499		 $4,500
to
$5,999		 $6,000
and
over
(Average Federal & Provincial Income Tax + CPP + EI)/Average Gross Income expressed as a percentage 6.77% 7.37% 9.63% 13.65% 16.55%

1) Includes EI and CPP employee contributions.

*Monthly Income Class brackets are based on the assumption that pre-study period income was earned over a 4 month period. Use these tax rates if the student has only pre-study period income.

Note: Pre-study income is based upon minimum wages and weekly hours worked.

  1. It is assumed that all income for the tax year is earned in the 4 month pre-study period.
    For example, the pre-study period income @ 8 dollars/hour and 35 hours per week would be equal to 8 x 35 x 4.3 x 4 = $4,816.
  2. Only CPP (4.95%) and EI deductions would apply to total income under $9,600 per year, and income tax will not be payable due to personal exemption limit & other deductions.

Table 6-B: Student's Monthly Income during the Study Period

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Date Modified:
2011-11-14