Canada Education Savings Grant
What is it?
No money for your child's education?
Even with no savings, you could qualify for $500 or more from the Government of Canada. Check out the Canada Learning Bond section for more information.- A grant from the Government of Canada to help you start saving early for your child’s education after high school.
- On the first $500 you save every year in your child's Registered Education Savings Plan (RESP), the Canada Education Savings Grant will give you:
- up to $200, if your net family income is $39,065 or less
- up to $150, if your net family income is between $39,065 and $78,130, or
- up to $100, if your net family income is more than $78,130.
When you save more than $500 annually, the Canada Education Savings Grant could add up to $400 on the next $2,000.
Brochure
Check out Get Money Now for Your Child's Education After High School, a brochure on the Canada Education Savings Grant.Please note that the family income amounts are updated every year.
- The maximum amount of grant per child is $7,200.
Your child can use the money for full-time or part-time studies in an apprenticeship program, CEGEP, trade school, college or university.
Who can get the grant?
- All children up to age 17 are eligible, as long as they are Canadian residents and an RESP has been opened for them.
- Special rules apply if your child is between the ages of 15 and 17. See Special Rules for Children Aged 15 to 17.
Over 3 million children have already received this grant. Register your child today!
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