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August 15, 2011

Free Education Money Kids under 17

Canadian Government Giving Up to $100 per Year plus Matching Funds
From CanLearn.ca:

Canada Education Savings Grant
This grant from the Government of Canada can help you start saving for your child’s education after high school. Your child can use the money for full-time or part-time studies in an apprenticeship program, CEGEP, trade school, college or university. The CESG is based on contributions made to an RESP in respect of an eligible beneficiary and consists of two components:
  • The Basic CESG
  • The Additional CESG

Who can get the Canada Education Savings Grant?


All children up to age 17 are eligible, as long as they are Canadian residents and an RESP has been opened for them.
Note: Special rules apply if your child is between the ages of 15 and 17. See Special Rules for Children Aged 15 to 17 and Full details at:
Canada Education Savings Grant - Education - Education Plan

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