Black Press file photo.

Children between 6 and 9 eligible for $1,200 RESP grant from province

BC Ministry of Education is reminding residents to apply before the deadline

The BC Ministry of Education is reminding eligible constituents to apply for the B.C. Training and Education Savings Grant before it is too late.

The $1,200 grant for a Registered Education Savings Plan (RESP) is eligible for B.C. residents between the ages of six and nine. According to a release from the ministry, there are no additional fees or financial contributions needed in order to receive the grant through one of the 56 banks or financial institutions in Canada.

“This allows parents and families who cannot currently afford to put money aside to start a RESP. Even the smallest investment can grow over time and make it easier to pursue post-secondary education and training,” states the release.

The release also states that 40 per cent of families do not claim this grant. The deadline to apply for children born in 2009 is the day before their ninth birthday, while children born in 2010 have until their ninth birthday. Children born in 2006 will have a deadline of Aug. 14, 2019.

“Eligible families with modest incomes can receive up to $2,000 for each child’s RESP from the Canada Learning Bond. There are no fees and parents can receive this grant without making any additional financial contributions,” reads the release.

The Canadian government will also match parents’ contributions to a personal RESP up to $7,200 per child. For more information on the federal government’s contributions, visit www.canada.ca/education-savings.

For more information about the B.C. Training and Education and Savings Grant and applicable deadlines, click here.

To report a typo, email: editor@pentictonwesternnews.com.

Just Posted

Surrey MLA says EHT tax causing police funding cuts

Marvin Hunt says Employer Health Tax is ‘hammering’ schools, hospitals, law enforcement

Help Delta Heritage Society learn more about items in its collection

DHS is reviewing its collection to prepare for the opening of the new Delta Cultural Centre

VIDEO: Surrey mayor decries ‘alarming frequency’ of ‘mob violence’ after another brawl

Surrey RCMP urge the public to come forward with information about those involved

Falling tree crushes front of SUV carrying South Surrey woman, granddaughters

City confirms ‘failure’ has triggered risk assessment of Croydon Drive trees

Morello memories: Surrey musician’s story about autographed guitar is all the Rage

Johnny Peralta’s hand-crafted instrument helped get him into a sold-out concert

VIDEO: Disney Plus adds disclaimer about racist stereotypes

Disney’s disclaimer is a good way to begin discussion about the larger issue of racism

CN Rail confirms job cuts as weakening economy cuts into freight volumes

Railroad also said it was affected by a slowdown in the B.C.’s forestry sector

Port Alberni mom takes school district to court over Indigenous smudging, prayer in class

Candice Servatius, who is an evangelical Christian, is suing School District 70

New case of vaping-related illness in Quebec brings national total to 8

Quebec health minister considering tightening the rules around vaping products

Greens to vote against Liberal throne speech unless carbon targets toughened: May

Green leader Elizabeth May and Prime Minister Justin Trudeau met Friday, discussing common ground

Toxic smell returns to Abbotsford elementary school raising health concerns for students, teachers and parents

King Traditional Elementary suffers daily from neighbouring waste-storage facility’s stench

First Nations ‘optimistic’ about road upgrades after Horgan visits site of fatal bus crash

Premier travelled Bamfield Main road, where bus flipped last September and two students were killed

Delays seen on some Metro Vancouver bus routes as transit strike ramps up

According to TransLink, routes in downtown Vancouver are bearing the brunt of the delays

Princeton couple pays for dream vacation with 840,000 grocery store points

It’s easy if you know what you are doing, they say

Most Read

l -->