People with disabilities in Canada are well taken care of with many programs catering exclusively to long-term savings plans.
Assisted Living
If you have been formally assessed by a medical professional and are in need of financial assistance due to your inability to work, you may qualify for the Assisted Living Program. There are three major components to the program; in-home care, adult foster care and Institutional care. In these cases, the quality of life at home and in the community is bettered. Find out more here.
Registered Disability Savings Plan (RDSP)
This long-term savings plan helps Canadians with disabilities and their families save for the future. Supplemented by the Canada Disability Savings Grant and a Canada Disability Savings Bond, the plan is eligible to those Canadian residents under the age of the 60. Find out more here.
Grants for students with disabilities
Students with disabilities now have the opportunity to apply for Canada student Grant for Students with Permanent Disabilities. This grant is not available to universities in the Northwest Territories, Nunavut and Quebec as these provinces and territories operate their own student financial assistance programs. Each year, a grant of $2000 is awarded to students who meet the eligibility criteria.