Plain language law

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Income Tax Act 2007

Income - Exempt income

CW 36: Scholarships and bursaries

You could also call this:

“Tax rules for scholarships and student grants”

You should know that if you get a basic grant or an independent circumstances grant under the rules made by section 645 of the Education and Training Act 2020, it’s not exempt from income tax. However, any other scholarship or bursary you receive for going to an educational institution is exempt from income tax. This means you don’t have to pay tax on that money.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1513255.

Topics:
Money and consumer rights > Taxes
Education and learning > Higher education
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Part C Income
Exempt income

CW 36Scholarships and bursaries

  1. A basic grant or an independent circumstances grant under regulations made under section 645 of the Education and Training Act 2020 is not exempt income, but any other scholarship or bursary for attendance at an educational institution is exempt income.

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Notes
  • Section CW 36: amended, on , by section 668 of the Education and Training Act 2020 (2020 No 38).