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BC Training and Education Savings Grant (BCTESG)

A one-time $1,200 RESP grant is available called the BC Training and Education Savings Grant, also known as the BCTESG.

Save early for your child's education

The BCTESG was introduced by the BC Government to encourage families to start saving early for their children’s post-secondary education or training. It is intended to augment the federal RESP program and will provide a one-time grant of $1,200 to eligible children.

Who is eligible?

To be eligible for the BCTESG, a child must meet the following three criteria:

  1. Have been born in January 2006 or later.
  2. The child and the parent/guardian must be a resident of British Columbia at the time of application. Examples of acceptable proof of residency include: a valid BC driver's license, a BC ID card with photo, a BC Services Card, or a BC utilities bill (dated within the last 3 months and listing the current address of the custodial parent or legal guardian).
  3. The child must be a beneficiary of an RESP.

For details on eligibility requirements visit the government's BCTESG webpage.

Applying for the grant

Application forms are available at all BlueShore Financial branches. They can also be emailed to you by our Solution Centre.

More information about RESPs

If you require more information about the benefits of RESPs for your children, read our article Save for your child's education.

Have more questions about the BCTESG? Check out our FAQs, visit a branch near you or contact us for more information.

Need assistance?

Need expert advice?

Click "contact us" below to use our secure online contact form, visit a branch near you or call us at 604.982.8000 or toll free at 1.888.713.6728.

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This article is provided as a general source of information and should not be considered personal financial or investment advice or solicitation. The information contained in this article was obtained from sources believed to be reliable; however, we cannot guarantee that it is accurate or complete.
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