Credit unions connect parents with $1,200 BC education grant

Post-secondary education and training will be more accessible and affordable thanks to a new $1,200 grant from the provincial government.

Parents and families can go into almost any credit union in BC to kick-start their education savings through the $1,200 BC Training and Education Savings Grant. All they need to do for any eligible child is sign up for a Registered Education Savings Plan at a participating branch.

There is no barrier to low-income families since no matching or additional contributions are required to access the $1,200. The Province is also working to ensure that low-income families and children in care are able to tap into the grant.

Education Minister Mike Bernier joined Central 1 Credit Union president and CEO Don Wright to announce that families can go to one of more than 350 credit union branches to apply for an RESP and access the grant.

For more information, please visit:
https://news.gov.bc.ca/releases/2015E...