The B.C. government’s $1,200 education and training grants are now available from credit unions around the province.
The grants are offered to parents who use it to establish a Registered Education Savings Plan. To be eligible, children must have been born in 2007 or later, and they must apply within three years or until the day before the child’s ninth birthday.
No additional deposits are required to be eligible for the grants, which are deposited to an RESP account upon approval of the application. For information on eligibility call 1-888-276-3624 or visit the website www.gov.bc.ca/BCTESG.
Education Minister Mike Bernier said the government is working with other financial institutions to host the RESP program. For now they are eligible at 350 credit union branches around the province.