tuition

Canadian parents searching for government grants for education

If the government presented you with extra money, would you take it?

You don’t have to imagine this.This already happens. Really.

The thing is - not everyone is aware that the government contributes money to Canadians saving in a Registered Education Savings Plan (RESP). It’s an incentive for families to save for their children’s future.

It’s easy. You put money into an RESP, the government adds education savings grant funds. It’s kind of like having exclusive access to money for the future.

The rising costs of university tuition and fees

We hear it all the time.  “Tuition is expensive.”

The numbers prove it.  Statistics Canada has found in the past 10 years, the average university tuition has jumped from $4347 to $6373 - an increase of 46%!

That’s not the only post-secondary fee that’s on the rise.

Child Learning to Ride Bike

The latest numbers coming from Statistics Canada on tuition fees may look scary but if you’re among the half of Canadian parents investing in an RESP some sage advice for you: Keep Calm and Save On!

Statistics Canada says Canadian full-time students in undergraduate programs paid 3.3% more on average in tuition fees for the 2013/2014 year this fall than they did a year earlier. On average, undergraduate students paid $5,772 in tuition fees this year compared with $5,586 last year.

Mom and Daughter Graduation Day

There's a new video from Yahoo! Canada with some interesting opinions from current students about whether their student loans will cripple them financially in the future. You can watch it here:

http://ca.finance.yahoo.com/video/current-students-feel-rising-cost-040000335.html