The Northern Promise will be a collaboration between the four Northern BC Public post-secondary institutions, Coast Mountain College, College of New Caledonia, Northern Lights College and the University of Northern British Columbia, with Northern Lights College taking the lead on the project.
The Canada Learning Bond (CLB) was established in 2004 by the Federal Government as an incentive program to encourage families to save for their children’s future. Eligible families can receive up to $2000.00 in funding. Unfortunately, approximately 75 million dollars in low-income families are not accessing Northern BC.
Ultimately the goal is to mobilize these funds out of Ottawa and into Northern BC!
The Government of Canada contributes:
The Canada Learning Bond (CLB) was established in 2004 by the Federal Government as an incentive program to encourage families to save for their children’s future. Eligible families can receive up to $2000.00 in funding. Unfortunately, approximately 75 million dollars in low-income families are not accessing Northern BC.
Ultimately the goal is to mobilize these funds out of Ottawa and into Northern BC!
The Government of Canada contributes:
- $500 for the first year of eligibility
- $100 for each year the child continues to be eligible (up to and including the benefit year in which they turn 15) for a total benefit of $2000
Educational savings has a positive, life-long impact on children from modest-income households.
A child is eligible for the CLB if they:
The first eligible cohort just turned 18 in January of 2022. They are just beginning their post-secondary education and may be eligible to receive up to $2000.00 under the new retroactive program. They only have a window from age 18 to 20 to apply. Once they turn 21, it is too late!
An adult may be eligible for the CLB if they:
Please reach out to us for further information or assistance.
- Meet the income threshold for eligibility
- Are born on or after January 1, 2004
- Are a resident of Canada
- Have a valid Social Insurance Number (SIN)
- Are named in an RESP ... Learn More
The first eligible cohort just turned 18 in January of 2022. They are just beginning their post-secondary education and may be eligible to receive up to $2000.00 under the new retroactive program. They only have a window from age 18 to 20 to apply. Once they turn 21, it is too late!
An adult may be eligible for the CLB if they:
- Were born on or after January 1, 2004
- Are a resident of Canada
- Have a valid Social Insurance Number (SIN)
- Their family income met the eligibility criteria for at least one year.
- Are named in an RESP (an RESP promoter can facilitate the application) ... Learn More
Please reach out to us for further information or assistance.
