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Service

Canada Learning Bond (CLB)

Provided by Employment and Social Development Canada (ESDC)
14 other services offered by this agency.

Canada Learning Bond (CLB)

Assists in paying the costs of a child's full- or part-time studies after high school through the addition of money into a Registered Education Savings Plan (RESP) for children from low-income families. No personal contributions to a RESP are required to receive assistance. Eligibility is based on the number of qualified children in the family, and adjusted income of the primary caregiver, including the income of a cohabitating spouse or common-law partner. Children must be born on or after January 1, 2004, be a resident of Canada, and have a valid Social Insurance Number (SIN). Eligible children can receive up to $2,000. See website for income eligibility amounts, participating RESP promoters, and a list of designated educational institutions.

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