The cost of post-secondary education continues to rise. Unless you or your child is heading to college, university or the trades in the next few years, it will be difficult to predict how much it will cost.
However, there will be a cost to obtain a post-secondary education. It is wise to start planning and saving for school as soon as possible. Sure, when your child is a baby, you have no idea what their interests will be in the future, but everyone has to start somewhere.
When your children are ready to start into post-secondary education, they should research the available programs and the costs to attend. Using this information, they can investigate all potential resources including RESPs, grants, bursaries and scholarships.
Also, if you haven’t already applied for the Canada Learning Bond, be sure to apply to see if your child is eligible to receive up to $2,000 in free money for post-secondary education.
