New eligibility tool helps families to identify available RESP grants
Parents now have an easy way to find out how much their child could get in federal and provincial grants with a Registered Education Savings Plan (RESP). Our new Eligibility Tool quickly creates a child’s profile based on their age, family income, and their province of residence. The results illustrate the potential funds from sources that include the Canada Learning Bond, the Basic and Additional Canada Education Savings Grants (CESG, and A-CESG), and applicable provincial government contributions. This tool helps families to approximate the value of starting an RESP and accessing available grants.
The Eligibility Tool complements our RESP Savings Calculator that quickly illustrates how grants, combined with savings of any size, can add up over time.
Be sure to share these education saving tools with the families that you serve.