Education Savings Week is from Nov. 18 to 22, 2019.
Almost 80% of job openings in British Columbia over the next decade will require some form of post-secondary education.
Families can open a Registered Education Savings Plan (RESP) and the Government of British Columbia will deposit $1,200 into the RESP for their children. No additional money is needed to receive the $1,200 B.C. Training and Education Savings Grant. Families can ask their local financial institution if they are one of the 56 official promoters of the grant, and are urged to not be part of the 40% who leave this grant unclaimed.
The grant allows parents and families who may not be able to currently afford to put money aside to start a RESP. Studies indicate that children with RESPs are more likely to pursue higher education. Students can use the money to pay for their education expenses (e.g., books, tools, rent or transportation) in an apprenticeship program, a trade school, college or university.
For more information link on the link below: