You’ve got the gist there. If you invest this (and why wouldn’t you if you have ~18 years until it’s going to be used), and add that return to the grants and it’s a pretty solid arrangement. I’d caution you from things like GICs personally speaking, and in the same vein, I’d steer far clear of the scholarship arrangements.
If you want any help, feel free to PM me and I can lend a hand.
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