The deadline for the government’s Training and Education Savings Grant is fast approaching.
All parents struggling to save for their child’s post-secondary future in BC are encouraged to apply.
In order to apply, one parent and the child must be BC residents, the child must be born in 2006 or later, and the family must demonstrate financial need.
For those who apply before the August 14th deadline and are approved, the 12 hundred dollar grant will be deposited in to the child’s RESP.
In order to apply, just ask your bank for an RESP application and they will do the rest.
To date only 40% of the 280 thousand elligible families in BC have applied.