How to Get Free Money to Save for Your Child's College Education

 by: Angela McKenzie

Did you know that a college educated person will earn 2.5 times more over a lifetime than someone without a post secondary education? College educated people are more likely to keep their jobs when times are tough and are more likely to be working than those without a post secondary education. Now getting an education can be expensive. One year in a Canadian degree program such as an arts and science program can easily cost $5000/year. If you are an out of province student, the extraneous expenditures can easily increase your education costs by $3000/school year.

To help pay for future education cost, the Government of Canada has taken great initiative to ensure that every Canadian child will have the funds necessary to get an education by providing families with free government grants. The free grant was introduced in 1998 to encourage parents to start saving for their children’s education costs.

How does the program work?
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How to Get Free Money to Save for Your Child's College Education
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About The Author Angela McKenzie has an online program aimed at helping parents learn more about the Free Government Grants available and saving for future education costs. To learn more about how you can take advantage of free Canadian grants to start an education plan for your child visit http://www.respresourcecenter.org.

Additional Resources

category - Education Grants

Financing Your Education with Federal Supplemental Educational Opportunity Grants
Federal Supplemental Educational Opportunity Grants assist those undergraduate students enrolled in a postsecondary education that cannot afford their educational expenses without financial assistance. The grant is in place to help them meet their educational expenses to the successful completion of a postsecondary degree.

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Pell Grants - Help with Financing Your Education
The Federal Pell Grant Program is overseen by the Department of Education and falls under the Federal Student Aid Information Center. In order to be eligible students must be enrolled in eligible schools that may be public or private nonprofit institutions of higher education.

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College scholarships for adults
If you are an adult returning to get your college degree, you know that it can be expensive. Whether you are commuting to classes or doing an Online college degree, the tuition is about the same. Pa...

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A Guide to Student Grants and Scholarships
Colleges and universities can be expensive... sometimes getting accepted into the school of your choice can be the easy part of the educational journey of the new student. It isn't always easy to find ...

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