University Tuition: Student Aid

Extracurriculars Dept: Yet short of putting themselves in line at a food bank, parents should pay as much of the cost of university tuition as they can scrape. After 18 years of paying for diapers, extracurriculars, birthday parties and cellphones, it understandable that some may jump at the chance to have the offspring earn some of that money back. But university is precisely the wrong time to draw dividends from the existing investment. Instead, it the time to double down, according to Globe and Mail. And the government is not just explicit about the amounts, but its reasoning too. You can check your approximate expected contribution here. Families are expected to plan for the cost of university education. Student aid officers will not make up a shortfall caused by parents who believe that independence starts at 18, who don t agree with the student field of study or school, or parents who don t approve of a student living arrangements. Students and parents are only liberated from each other four years after the end of high-school, if a student is living with a partner and/or a child, or after the student has been working full-time for two years and video: RESP family plan offers flexibility When governments got out of the nation bedrooms they did not leave the family room. Provincial aid offices have very definite views on how much parents should contribute. As long as a family discretionary income falls above a set level, which varies by province, parents are on the hook. Manitoba, for example, explains how they arrive at their results here . (www.immigrantscanada.com). As reported in the news.