Community Development

Funding level: Up to $50,000

Description

Smart Start Halton is a cross-sector collaborative working to ensure every eligible child in Halton receives their Canada Learning Bond so that through the attainment of post secondary education and training, they can realize their potential, access livable income employment opportunities (careers) and take their rightful place in all aspects of our community.


The Smart Start Halton collaborative campaign formed in 2013, around a common goal to help eligible Halton families register their children for the Canada Learning Bond, and to ensure every child has the opportunity to access postsecondary education. The Halton Poverty Roundtable has served as the backbone support organization for this initiative, fulfilling key functions such as: convening stakeholders, maintaining constant communication between partners and in Halton, developing and conducting training and education, facilitating strategic planning, measuring and monitoring impact, and fund development. The Canada Learning Bond is a federal program that provides up to $2,000 for post-secondary education of children born on or after January 1, 2004 with a net family income of less than $45,282 and whose families have been eligible for the National Child Benefit at some time.

No contribution is required to start the Registered Education Savings Plan (RESP) needed to receive the CLB deposits: $500 is deposited within 65 days of applying and $100 annually thereafter until eligible children reach 15 years of age. As of September 2016, there were 17,643 eligible children in Halton who were not accessing these free funds.

To date, we have managed to increase the take-up rate from 31% to 38%, this represents 5,344 children and $10, 688,000 in funds for post-secondary education savings that has come into the Halton community for children living in low income.

Our objective, over the next three years, is to register another 10,000 children, which represents a potential $20,000,000 in funds. During the one year period of this grant, we would like to register 3,333 children for the Canada Learning Bond.

Halton Poverty Roundtable

Location: Halton Regional Municipality, ON, Canada

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