Tuesday, November 8, 2016

SmartSAVER's Online Canada Learning Bond Application

Currently, over 1.4 million children in low and modest income families in Canada are missing out on significant federal education funding because they don't have a Registered Education Savings Plan (RESP). Earlier this month, www.SmartSAVER.org launched a new online application form specifically created to help these families open RESPs and access free education funding through the Canada Learning Bond. The Bond is a contribution of up to $2,000 to help families kick-start their saving for their child's education.

In a joint initiative, BMO, Meridian, RBC Royal Bank, Scotiabank, TD and Vancity are all supporting SmartSAVER by waiving their usual fees and minimum contribution requirements for lower income families that open RESPs and want to access the Canada Learning Bond. Families can apply for the Canada Learning Bond through SmartSAVER's online application form in less than 10 minutes and choose any of six participating credit unions and banks to open their RESP with $0. The user-friendly application is supported in five languages (English, French, Spanish, Mandarin and Punjabi). Now embedded int CFN's website, you can apply your Canada Learning Bond by simply clicking here. 

To learn more about the Canada Learning Bond watch below.

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