Now 18-year-olds can request their own CLB and GET UP TO $2,000 WITH THE CANADA LEARNING BOND
Learn More About the Canada Learning Bond
The Canada Learning Bond is money that the Government of Canada adds to a Registered Education Savings Plan (RESP) to help pay the costs of full- or part-time studies after high school.
Suppose you are eligible for the Canada Learning Bond and have not already received it in an RESP. In that case, you will receive $500 deposited into your RESP, plus an additional $100 for every subsequent year you were eligible for up to the age of 15. This money can help cover the costs of tuition, books, tools, transportation, and housing.
You do not need to put any money into the RESP to receive the Canada Learning Bond.
The Canada Learning Bond is money that the Government of Canada adds to a Registered Education Savings Plan (RESP) to help pay the costs of full- or part-time studies after high school.
Suppose you are eligible for the Canada Learning Bond and have not already received it in an RESP. In that case, you will receive $500 deposited into your RESP, plus an additional $100 for every subsequent year you were eligible for up to the age of 15. This money can help cover the costs of tuition, books, tools, transportation, and housing.
You do not need to put any money into the RESP to receive the Canada Learning Bond.
Request the Canada Learning Bond for Yourself
If you were born on or after January 1, 2004, you could apply for the Canada Learning Bond as soon as you turn 18. You have up until the day before you turn 21 to apply. You will need your Social Insurance Number to apply:
STEP 1
Find an RESP promoter that offers the Canada Learning Bond and open an RESP. Some offer options to open an RESP online, over the phone, or in person. For a list of participating RESP promoters, go to
www.canada.ca/list-resp-promoters.
STEP 2
Request the Canada Learning Bond from your RESP promoter – if you are eligible, the Government of Canada will deposit the Canada Learning Bond funds into your RESP.
STEP 3
Take money out of the RESP for education-related expenses.
If you were born on or after January 1, 2004, you could apply for the Canada Learning Bond as soon as you turn 18. You have up until the day before you turn 21 to apply. You will need your Social Insurance Number to apply:
STEP 1
Find an RESP promoter that offers the Canada Learning Bond and open an RESP. Some offer options to open an RESP online, over the phone, or in person. For a list of participating RESP promoters, go to
www.canada.ca/list-resp-promoters.
STEP 2
Request the Canada Learning Bond from your RESP promoter – if you are eligible, the Government of Canada will deposit the Canada Learning Bond funds into your RESP.
STEP 3
Take money out of the RESP for education-related expenses.
You can apply for the Canada Learning Bond as soon as you turn 18. You have up until the day before you turn 21 to apply.