The new Graduate Retention Program (GRP) replaces the previous Graduate Tax Exemption program. All 2006 and 2007 graduates who were eligible under the previous Graduate Tax Exemption program will continue to benefit under that program for the 2007 taxation year.

In addition, 2006 and 2007 graduates of programs that meet the Graduate Retention Program eligibility criteria will also receive benefits under the new program. These benefits will be based on all or a portion of your tuition costs and the program of study that was completed.

Tuition rebate benefits for 2008 and 2009 graduates will also be based on all or a portion of your tuition costs and the program of study completed.

The GRP will be phased in during 2008 and 2009, with full implementation in 2010. Benefits will be phased in as follows: