Event aims to cut down number of Nanaimo children missing out on free money for education
NANAIMO — The federal government is handing out free money to give children a leg up towards their future education goals and thousands in the Nanaimo region are missing out.
Vancouver Island University reports nearly 10,000 eligible children in the Regional District of Nanaimo area are not signed up for the Canada Learning Bond (CLB), meaning they are not taking advantage of potentially thousands of dollars.
Alumni relations manager Dave Forrester said that’s why the university and its partners are hosting a CLB sign-up event to get more local children involved.
“By the time the child is ready to go into post-secondary education, there could be up to $6,000 in their account. All at zero cost to the families to sign up,” Forrester said.