education savings

What Ontario Budget 2017 means for families starting an Registered Education Savings Plan

Starting in 2018, families in Ontario will no longer need to worry about holding a Registered Education Savings Plan (RESP) when their students apply for the Ontario Student Assistance Program.  

The province made the surprise change to the OSAP reforms – announced in the 2016 budget – on April 27, stating that if students have an RESP, it will no longer affect the financial assistance they receive.

Father and Daughter Looking at Laptop

This blog was written by Peter Lewis.  Peter is the Vice President at Canadian Scholarship Trust Foundation and was active in securing the Alberta Centennial Education Savings grant  nearly a decade ago. 

With a new government poised to lead Alberta, it’s a good time for the newly elected premier to reflect on what matters most to families.  Is it education, health, financial well being, or all of the above?  Whatever it may be, last night’s election results showed Albertans wanted change.

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