Taking a Gap Year During Your Education? Here’s How to Make the Best Financial Plan

Taking a Gap Year During Your Education? Here’s How to Make the Best Financial Plan
Junior Ittusardjuat, 19, throws his mortarboard in the air as he poses for photos after graduating at Gloucester High School in Ottawa, on June 23, 2021. The Canadian Press/Justin Tang
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Whether it’s to travel the world or just take a breather before moving on to the next chapter, students sometimes pause their educational pursuits for a so-called gap year.

Lately, gap years are more focused on using the time to save for post-secondary tuition, said Michelle Dittmer, president and co-founder of the Canadian Gap Year Association, a non-profit organization that provides resources for students taking or considering a gap year.