@CantonCathy@lifewithababy Good to know! I heard that if you and hubby are listed as beneficiaries then if your children don't decide to go to school YOU can use the money for further your education. Have you heard of that?
Super informative chat about RESPs with @lifewithababy - I had no idea that my kids' education could cost over $100,000! Wow! #LWABEduSaveWeek @KnowledgeFirstF
@CantonCathy@lifewithababy If you have a joint family RESP, does that mean that you can only get the government grants once? Or can you still get it for each child separately?
Thank you @KnowledgeFirstF This will be a huge help to low-income families. Knowledge First announces plans to open 10,000 CLB-only plans within the next three years https://t.co/MV9dfHEdxh #LWABEduSaveWeek
@mommydoCA @lifewithababy@JennAnnis@Mommyknowz That's a good point! And I've also heard that if you are named as a beneficiary that parents can also use the money to return to school if the children don't.
A4. Unlike the Canada Education Saving Grant (CESG), the CLB is not a matching grant and does not require any contributions. However, it still must be administered through an RESP. #LWABEduSaveWeek