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

Fire ban back in effect for Northwest Fire Centre region

Starting May 24, both Category 2 and Category 3 prohibitions will be in place

New Seven Sisters replacement confirmed

Mental health facility will have 25 beds, up from 20 in current facility

Convicted animal abuser to return to B.C. court May 21

Catherine Jessica Adams is facing a breach of probation charge

Healthcare travelling roadshow aims to inspire high school students across B.C

Over 2,000 youth in different rural communities will be visited through this project

Gallery: Project Heavy Duty inspires students into it’s 32nd year

The event is a collaboration between SD91 and industry in and around Vanderhoof, Fraser Lake and Fort St. James

New airline regulations bring compensation for tarmac delays, over-bookings

Some of the new regulations will roll out in July, while others are expected for December.

Scheer says it would take Conservatives five years to balance budget

Scheeraccused the Liberal government of spending $79.5 billion of previously unbudgeted funds

B.C. man, 30, arrested for driving his parents’ cars while impaired twice in one day

The Vancouver-area man was arrested after officers caught him driving impaired twice in one day

More than half of Canadians support ban on handguns, assault rifles: study

Divide between rural and urban respondents in latest Angus Reid Institute public opinion study

Spring rain needed as B.C. sees one of the lowest snowpack levels in 40 years

Snowpack levels in B.C. recorded on May 15 were similar to those in 2015 and 2016

Theresa May to quit as party leader June 7, sparking race for new PM

The new Conservative leader will become prime minister without the need for a general election

B.C. man who fell off cliff returns there to rescue eagle from vulture attack

Nanaimo’s James Farkas, who broke his hip in a fall, saves eagle on same beach months later

Raptors beat Bucks 105-99 to move within 1 game of NBA Finals

Leonard scores 35 as Toronto takes 3-2 series lead over Milwaukee

Municipalities protest after B.C. declares marijuana crops ‘farm use’

UBCM president seeks answers in letter to John Horgan government

Most Read