Registered Education Savings Plan Search:
What is the Canada Education Savings Grant (CESG)?
About the CESG:
The government of Canada contributes 20% of the first $2,500 in annual contribution per child made to an Registered Education Savings Plan (RESP). Since the 2007 Canadian federal budget, the maximum government contribution is $500 per year to a participating RESP.
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What is the Additional Canada Education Savings Grant (A-CESG)?
About the Canada Education Savings Grant and Family Income:
The Additional Canada Education Savings Grant is paid in addition to the first yearly Canada Education Savings Grant contribution of $500 in a child’s Registered Education Savings Plan (RESP) and it is paid based on the net family income of the child’s primary caregiver.
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