Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB)
Provided by: Government of Canada - Service Canada
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Service Description
Canada Learning Bond (CLB) – is money that the Government of Canada will add to a Registered Education Savings Plan (RESP). This money helps to pay the costs of a child’s full- or part-time studies after high school. The Government of Canada will contribute up to $2,000 for an eligible child and no personal contributions to an RESP are required to receive the CLB. Visit the website to learn more about the CLB.
Canada Education Savings Grant (CESG) – is money that the Government of Canada will add to a Registered Education Savings Plan (RESP). This money helps to pay the costs of a child’s full- or part-time studies after high school. The Government of Canada will contribute up to $7,200 for an eligible child, however, a parent or guardian must contribute to an RESP in order to receive the funds. Visit the website to learn more about how much a child can receive.
Eligibility
To be eligible for the CLB, a child must:
- Be from a low-income family
- Be born on or after January 1, 2004
- Be a resident of Canada
- Have a valid Social Insurance Number (SIN)
- Be named in an RESP
To be eligible for the CESG, a child must:
- Be a resident of Canada
- Have a valid Social Insurance Number (SIN)
- Be named as a beneficiary in a Registered Education Savings Plan (RESP)
The CESG is available until the end of the calendar year that a child turns 17. However, there are eligibility restrictions for children who are 16 or 17 years old. A contribution must be made to the RESP for a child to get the CESG.
Application Process
To apply for the Canadian Education Savings Grant (CESG):
1. Gather personal information
2. Open and contribute to an RESP
3. Complete application form with RESP promoter
4. Check to see that the grant has been deposited
Documents Required
Fees
None
TTY: 1-866-260-7723
Toll free
Toll-Free: 1-800-622-6232
1-800-O-CANADA
Business Line: 1-888-276-3624
Service Website
Email
Coverage Area
Saskatchewan
Languages Offered
English
Canada Education Savings Program – Mailing Address
Address
Canada Education Savings Program, Employment and Social Development Canada
140 Promenade du Portage, Phase IV Mailstop: Bag 4
Gatineau QC K1A 0J9
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Location Info
Hours of Operation
Mailing address, completed application forms must be sent to your financial institution.
TTY: 1-800-926-9105
Toll Free
Toll-Free: 1-800-622-6232
1-800-O-Canada
Website
www.edsc.gc.ca/cgi-bin/contact/edsc-esdc/eng/contact_us.aspx?section=cesp
211 Saskatchewan strives to make sure information is correct. However, there are often changes to community services, which means inaccuracies may be possible. The information presented by 211 Saskatchewan may be subject to change.