Transfer up to $5,000 federally, and an additional $5,000 provincially ($6,184 for Ontario residents).
The student cannot transfer any amount they carried forward in a previous year. The maximum amount they are allowed to transfer is $5,000 less the amount they needed to use to reduce their own tax owing. Only one person can claim this transfer from the student. It does not need to be the same person from year to year. The student will complete and sign the transfer section of their tax certificate and provide the recipient of the transfer with a copy. The parent or grandparent would enter this amount in field 324 of their Schedule 1. 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. But 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. Many parents, who take out the Parent PLUS Loan, believe they could always transfer the loan to the child, once he or she has graduated and secured a reasonable income. Unfortunately, that is not the case. The PLUS Loan is the responsibility solely of the parent, and is taken out in the parent’s name.  In a perfect world, yes. But 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. Line 324 – Tuition, education, and textbook amounts transferred from a student. The student has calculated on their Schedule 11 the amount of this credit which they will need to reduce their own tax owing. If there is any remaining amount the student may choose to transfer it to one of the following individuals. The student will complete and sign the transfer section of their tax certificate and provide the recipient of the transfer with a copy. The parent or grandparent would enter this amount in field 324 of their Schedule 1. You can transfer up to $5,000 federally, and an additional $5,000 provincially ($6,184 for Ontario residents). These amounts are reduced by the portion of this year's tuition, education, and textbook amounts that you used on your own return. Example You paid $4,500 tuition this year. However, the CRA's rules state that you-the student must first claim the fees on your return, regardless of who paid them. Once you reduce your tax payable to zero, you can transfer leftover amounts to your spouse, parent, or grandparent. The student may transfer an amount to his or her parent or grandparent, or to the parent or grandparent of the student's spouse or common-law partner. The student will complete and sign the transfer section of their tax certificate and provide the recipient of the transfer with a copy. The parent or grandparent would enter this amount in field 324 of their Schedule 1. See What tuition and education expenses can a student claim? for more information. Students 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. The Rules. Full-time student s can claim the Education Amount of up to $400 a month and up to $65 a month for books for each month they were in school in 2012. Part-time student s can claim the Education Amount of up to $120 a month and up to $20 a month for books for each month they were in school in 2012. You can transfer up to $5,000 federally, and an additional $5,000 provincially ($6,184 for Ontario residents). These amounts are reduced by the portion of this year's tuition, education, and textbook amounts that you used on your own return. Example. However, the CRA's rules state that you-the student must first claim the fees on your return, regardless of who paid them. Once you reduce your tax payable to zero, you can transfer leftover amounts to your spouse, parent, or grandparent.
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/324-eng.html https://support.turbotax.intuit.ca/turbotax/en-ca/faqs/Frequently-asked-questions-about-transfering-tuition-and-education-amounts/INF15084.html https://parentstudentloans.wordpress.com/2010/07/30/can-i-transfer-a-parent-plus-loan/ https://support.turbotax.intuit.ca/turbotax/en-ca/faqs/Frequently-asked-questions-about-transfering-tuition-and-education-amounts/INF15084.html http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/324-eng.html http://docs.quicktaxweb.ca/ty10/english/text/en/common/faqs/faq_tuition_transfer.html http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/324-eng.html http://blog.turbotax.ca/have-a-student-in-the-family-transfer-tuition-and-education-amounts-with-turbotax/ http://docs.quicktaxweb.ca/ty10/english/text/en/common/faqs/faq_tuition_transfer.html
how much can a student transfer to a parent?