Did you know you can start saving for your child’s education today, and it won’t cost you anything?
The Canada Learning Bond is free money from the Government of Canada for your children’s education after high school. This money is deposited into a Registered Education Savings Plan (RESP). You do not need to deposit any of your own money to get the Canada Learning Bond.
Your children are eligible if:
- They were born in 2004 or later and
- Your annual net family income is under $47,000.
You will need birth verification and Social insurance Numbers (SIN) for yourself and your children.
Learn more about RESPs and getting a SIN.
You can start your application online today; or contact any bank or credit union and ask for a no fee/no deposit RESP and Canada Learning Bond.
Do you already have an RESP for your child? Contact your RESP provider and ask for the Canada Learning Bond today.
Find out more about RESPs from the Government of Canada's Canada Learning Bond brochure.
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