Tuesday, April 16, 2024

Credit union pushing plan to finance tertiary education

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A CREDIT UNION is leading an effort to toss a financial lifeline to Barbadian students struggling to fund their tertiary education.

The Barbados Workers’ Union Co-operative Credit Union is teaming up with the Credit Union League to introduce a Registered Education Saving Product (RESP) by yearend.

“We plan to lobby Government to introduce the RESP, an instrument, which will allow parents to save actively and deliberately towards their children’s future educational needs,” said vice-president Sherwin Greenidge.

He was the featured speaker at the credit union’s annual scholarship awards held at Solidarity House, Harmony Hall, St Michael, recently. (CA)

Please read the full story in today’s Daily Nation, or in the eNATION edition.

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