How to
apply
Don’t leave money for your child’s education unclaimed. Learn more about how you can get up to $2000 without having to match the funds.
Low-Income Family
Born after Jan 1, 2004 & a resident of Canada
Child has a Social Insurance Number
RESP open in child's name
How to apply
Don’t leave money for your child’s education unclaimed. Learn more about how you can get up to $2000 without having to match the funds.
Low-Income Family
Born after Jan 1, 2004 & a resident of Canada
Child has a Social Insurance Number
RESP open in child's name
Did you know you can get FREE MONEY for school after high school?
The Canada Learning Bond (CLB) is FREE money that the Government adds to Registered Education Savings Plans (RESP) for children from low-income families. This money helps to pay the costs of a child’s full- or part-time studies after high school and can be used for:
- apprenticeship programs and trade schools
- CEGEPs
- colleges and universities
No personal contributions to an RESP are required to receive the CLB. You just have to open an RESP account at a bank (no fees) and then apply for it.
How much a child could get:
The Government of Canada contributes up to $2,000 to an RESP for an eligible child. This includes:
- $500 for the first year of eligibility
- $100 each year the child continues to be eligible (up to and including the benefit year in which they turn 15)
Child elegibility:
A child is eligible for the FREE CLB money if they:
- are from a low-income family
- are born on or after January 1, 2004
- are a resident of Canada
- have a valid Social Insurance Number (SIN)
- are named in an RESP account at a bank
Children in care, for whom a Children’s Special Allowance is payable, are eligible for the CLB.
Request the CLB on behalf of an eligible child when you open a Registered Education Saving Plan at a bank.
Don’t forget! Regardless of income, open an RESP for your kids and receive more free money from the Canada Education Savings Program.
This website is a project of Calgary Animated Objects Society.
Learn more at animatedobjects.ca
Calgary Animated Objects Society is based in the city of Calgary, also known as Moh-kins-tsis (“Elbow” in Blackfoot), Winsheesh-pah (“Elbow” in Stoney), Otos-kwunee (“Elbow” in Cree), Kootsisaw (“Elbow” in T’suu T’ina), and Klincho-tinay-indihay (“Horse Town” in Slavey). The Elbow River gets its name from the distinctive “crook” as it flows towards the Bow River, which gets its name from the reeds used in bow making that grew along its banks.