Awards

Children's Education Fund

The Province of British Columbia wants the best for your child’s future. We are investing $1,000 into the Children’s Education Fund for every child born on or after January 1, 2007:

• In British Columbia to parents who normally reside in the province.
• Outside of British Columbia to parents who normally reside in the province.
• Inside or outside of British Columbia and adopted by parents who normally reside in the province.

This investment will grow over time and your child will be able to access the money to support their choice in post-secondary learning. With interest, the financial assistance available from the Fund is expected to grow to more than $2,200 by the time your child is eligible.

There is no application required at this time. Your child will be eligible for the benefit when they enter post-secondary education, as long as they are between 17 and 26 years old. Qualifying post-secondary schools will include a wide range of facilities in British Columbia that provide academic, trades, or other vocational training.

The fund will be available to children born outside B.C. to parents who normally reside here, such as Canadian forces personnel on assignment or expectant mothers who travel for specialized medical care.

The specific eligibility rules for the Fund will be made available well in advance of the Fund’s first cohort reaching the age of seventeen in 2024.

Frequently Asked Questions [16 kb PDF]

More information about the Children's Education Fund is available on the Ministry of Finance Budget and Fiscal Plan web site.