Canada Learning Bond
What is the Canada Learning Bond?
The Canada Learning Bond is $500 offered to help you start savings for your child's education after high school. Plus, your child could get an additional $100 every year until he or she turns 15 years old to a maximum of $2,000. The Canada Learning Bond does not require any parent contribution!
The money can be used to pay for full-time or part-time studies in:
- apprenticeship programs;
- colleges;
- trade schools;
- universities
All you need to do is sign up for a Registered Education Savings Plan with your bank and they will help you with the rest!
Contact a Homelessness Prevention Worker at Project SHARE for assistance with registering for the Canada Learning Bond today.