Education Supports and Contributions

Government of Canada - Employment and Social Development Canada


Description
The government provides incentives for individuals contributing funds to a child's Registered Education Savings Plan (RESP).

Service offers:

  • financial support from the Government of Canada for Registered Education Savings Plans (RESP )
  • a Registered Education Savings Plan (RESP) is a special savings account to help save for a child's education after high school, including trade schools, CEGEPs, colleges, universities, and apprenticeship programs
  • 20 percent added to RESP contributions with a maximum of $7,200.00 through the Canada Education Savings Grants (CESG)
  • additional funds for RESP contributions up to a maximum of $2,000.00 through the Canada Learning Bond (CLB)
Eligibility
Yes, Service targeted to:
  • any adult can open a Registered Education Savings Plan (RESP) to help save for someone’s education after high school
Adults can open a Registered Education Savings Plan (RESP) for:
  • their own child
  • someone else’s child
  • themselves, or another eligible adult
Application Process
Service Access: Application Required, To access service:
  • phone for general and Registered Education Savings Plan (RESP) accountant information
  • visit website to locate service providers who offer Registered Education Savings Plans (RESP)
  • visit website to submit a form requesting general information
  • visit website for information on the Canada Learning Bond (CLB) and the Canada Education Savings Grant (CESG)

Referral Process: No


Waiting Period: No,
Toll Free
1-800-622-6232 (General Information)
Toll Free
1-888-276-3624 (RESP account information)
TTY
1 800-926-9105 (General Information)
Web Site
https://www.canada.ca/en/services/benefits/education/education-savings.html
Languages
English; French
Fees
Fee: No


Fee Reduction: No


Membership Fee: No


Accessibility
Wheelchair access: N/A -
Other disabled access: N/A -
Agency Information
View Agency Profile
Last Verified On
July 15, 2024
Hours of Operation
Mon
08:00 AM to 05:00 PM
Tue
08:00 AM to 05:00 PM
Wed
08:00 AM to 05:00 PM
Thu
08:00 AM to 05:00 PM
Fri
08:00 AM to 05:00 PM

The hours listed above are for Service Canada’s telephone service.

Closed on statutory holidays.