Enrolling my child for the school caisse
A sure way to encourage financial independence.
The caisses’s involvement takes on many forms, including the youth dividend.
Students who take part in the school caisse can receive a special dividend: the youth dividend for young school caisse members. The caisses created this fixed-amount dividend to reward young members for their efforts to save.
The youth dividend focuses on encouraging perseverance and discipline rather than on the amount saved. For the 2015–2016 school year, participating caisses paid out nearly $240 000 to 25 000 participating students.
In mid-June, eligible young members were informed of their reward and received a small gift. Their dividend was deposit in their accounts at the end of June 2016.