By May 28, 2012 Read More →

CESG – Supercharge your Education Savings

A Gift from the Federal Government

Try the calculator below >

The Canadian Education Savings Grant (CESG) is a government grant program initiated to encourage Canadians to invest in RESPs.

The grant is equal to 20% on the first $2,500 in annual contributions to a maximum of $500 per year and $7,200 over a child’s lifetime.

Lower-income families may be eligible for additional CESG payments.

Therefore $1 = $1.20 with the CESG

 

See Also: Start Education Planning Now
See Also: Tax Benefits of an RESP

 

See how the Canada Education Savings Grant (CESG) can enhance the value of your RESP with this calculator.

 

Calculate the CESG Grant Advantage
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