Scoop: BC Training & Education Savings Grant

How are you Saving for Your Child's Education?

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BC Training & Education Savings Grant

  

Whether it is in skilled trades or professional services, the vast majority of the new job openings will require some form of post-secondary education and training. To help families start planning and saving early for their children’s education after high school, the Government of British Columbia announced a new $1,200 BC Training and Education Savings Grant.

When a BC resident child turns six years old, the Province of British Columbia will put $1,200 into the child’s Registered Education Savings Plan (RESP). Starting immediately, all BC children with an RESP who were born on or after January 1, 2007 will be entitled to receive the BC Training and Education Savings Grant. No matching or additional contributions are required!

Learn more about how Budget 2013 invests in BC’s families and education, here:

Budget 2013