Terrace Bay is serviced by both the Superior Greenstone and Superior North Catholic School Boards. The Town offers excellent schools with smaller class sizes and caring staff who are fully invested in their students. Daycare services for children from 18 months to 11 years of age are provided by the Kids’ Corral Centre. The Terrace Bay Public School, St. Martin Catholic School, and École Catholique Franco Terrace offer primary school education up to grade 8. Lake Superior High School provides secondary school education for teenagers to prepare them for entering the workforce or going on to college or university. Residents rest easy knowing their children are receiving excellent care and instruction, often within walking distance from home. Adult education is also available through distance education options like Contact North, offering residents opportunities for further education or retraining for a specific career.