RESPs: Untapped education supports for low-income students
Author: Maytree
Topic: Asset building and saving
Publisher: Maytree
Location: Canada
Format: Brief
Content Type: Research
Publication Date: December 31, 2010
This is a short brief on the RESP and Canada Learning bond. Education savings are an important first step in making a post-secondary education more attainable for a low income student. The Canada Learning Bond, a federal grant that can only be received into a Registered Education Savings Plan (RESP), enables low-income parents to begin saving for their children’s education even when they are unable to make any contributions.
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