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

Penalties sink Ice against Hurricanes

The Kootenay Ice lost 5-2 against the visiting Lethbridge Hurricanes on their Family Day Game

Crowds pack downtown core for Blitzville

Crowds flocked to the downtown Cranbrook core to take in the inaugural… Continue reading

Blades cut through Kootenay Ice 8-3

The Ice couldn’t come back against the Saskatoon Blades after an early three-goal deficit

Gord McArthur back in action from retirement

After eight years McArthur slew his kryptonite at the World Cup Ice Climbing tour in Switzerland

RDEK takes steps towards reducing carcass pit use

The first step towards addressing the issue of carcass pits in the… Continue reading

Trudeau’s principal secretary, Gerald Butts, resigns amid SNC-Lavalin furor

Butts categorically denies the accusation that he or anyone else in the PMO improperly pressured former attorney general Jody Wilson-Raybould

Lost a ring? This B.C. man will find it for you

Chris Turner founded The Ring Finders, an international directory of metal detector hobbyists

Poverty coalition has high hopes for B.C. poverty reduction strategy

Funding allocation expected to be released with 2019 budget

East Kootenay mine deaths prompt safety initiatives

Teck produces educational video, introduces new procedures after contractor drowns at Fording River

‘How did we get here?’: B.C. mom of transplant recipient worries about measles outbreaks

Addison, 7, cannot get a live vaccine because she has a heart transplant

NDP Leader Jagmeet Singh calls for public inquiry over SNC-Lavalin questions

Vancouver member of Parliament Jody Wilson-Raybould resigned from cabinet last week

Canadian airlines waiting for guidance from Ottawa over X gender option

Major U.S. airlines said they will change their process so passengers can identify themselves along non-binary lines

Moose Hide campaign takes message to Canadian schools

Campaign launches new K-12 education platform

‘Violent’ B.C. man wanted on Canada-wide warrant

Prince George man with ties to Vernon sought by police

Most Read