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August 10, 2022 by LorriK

How to Apply for the Canada Learning Bond

How to Apply for the Canada Learning Bond
August 10, 2022 by LorriK

There are two options for applying for the Canada Learning Bond.

  1. In-person
  2. On-line

In-person

Make an appointment at your:

  • Bank
  • Credit Union

Or with a

  • Financial Planner/RESP seller

                      At the Appointment

  • Bring Social Insurance Numbers for each parent and child plus a second piece of government photo identification for each parent
  • Tell them “I would like to open a Registered Education Savings Plan (RESP) and apply for the no fee, no contribution Canada Learning Bond”

On-line

Canada Scholarship Trust Spark – English

Canada Scholarship Trust Spark – French

RBC On-Line RESP

Choose one of these on-line options.

Follow the directions, upload all the required documents as instructed. This is a 2-step process that may require a phone call to complete the application.

Start On-Line, Finish In-Person

www.mysmartfuture.org

Follow the directions on-line.

Book an appointment at the financial institution of your choice to finish the application.

It will take a few weeks for the Canadian government to process your application and calculate any entitlement.

When the calculation is completed the Canada Learning Bond money that your child is entitled to will be deposited into the RESP.

If there are any questions call 1-888-276-3624 for assistance.

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