Call for Concepts to Increase Awareness and Take-up of the Canada Learning BondJanuary 10, 2018
The Government of Canada recently launched a Call for Concepts to seek innovative ideas to generate awareness of the Canada Learning Bond (CLB) to increase take-up by low-income families.
The CLB consists of up to $2,000 that the Government of Canada deposits directly into a Registered Education Savings Plans (RESPs) for children from low-income families, born on or after January 1, 2004, to help pay for their post-secondary education. This includes $500 for the first year of eligibility and $100 each following year, until the calendar year they turn 15.
They are seeking project submissions from community-based organizations for new and/or innovative approaches intended to increase awareness and take-up of the CLB. The Call for Concepts will give preference to projects that emphasize hard-to-reach and vulnerable populations, such as Indigenous children, and projects that address the challenges faced by those seeking to open an RESP. A total of up to $7 million over the next three years will be awarded to organizations to implement the chosen concepts.
This Call for Concepts is open until January 16, 2018.
For more detailed information, please visit Call for Concepts to Increase awareness and take-up of the Canada Learning Bond.