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February 16
Canada Learning Bonds

Paying for education after high school can be expensive. The Government of Canada’s can help with the Canada Learning Bond (CLB).

 

If you are 18 and born in 2004, you may be eligible to receive up to $2,000 to help pay for your education after high school. The money is yours – it does not need to be paid back.

 

The process is simple: open a Registered Education Savings Plan (RESP) and request the CLB.  You do not need to put any money into the RESP to receive the CLB.

 

If you are eligible for the CLB, the money will be deposited directly into the RESP. You can use the money to help pay for your education expenses such as tuition, books and transportation. Or, you can keep your RESP open to save the money for your future education. You do not need to decide right away. An RESP can stay open for up to 35 years.

 

See the attachment to learn more or visit:  Canada Learning Bond for 18 to 20 year olds - Canada.ca

CLB Adult Bens Insert-EN.pdfCLB Adult Bens Insert-EN.pdf

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