Before you use this estimate
  • Basic CESG is 20% of contributions, to $500 per year.
  • CESG ends in the calendar year the beneficiary turns 17, with extra rules at 16–17.
  • Lifetime CESG maximum is $7,200 per beneficiary.
Estimated federal grant this year $500

Based on basic CESG only. Confirm eligibility with your RESP promoter.

Input Use real family numbers

Replace defaults with the child's age, contribution history, province, school timing, or provider details where the tool asks for them.

Output Compare the next decision

Use the result to decide what to ask the promoter, not as proof of eligibility or investment outcome.

Constraint Confirm before acting

RESP grants, withdrawals, transfers, fees, and school eligibility can depend on provider support and current government rules.

Assumptions and constraints

Review before using the result 0/3 checked

Your next step

Use the result above to decide what to read or ask next.

Read the guide Get RESP grants

Understand 2026 CESG, Additional CESG, CLB, BCTESG, QESI, catch-up room, provider support, grant deposit timing, and transfer or withdrawal caveats.

 Compare providers RESP Provider Checklist

Confirm fees, grant support, transfers, and withdrawals before opening or moving a plan.

 Learn the basics Short RESP course

Follow terms, grants, providers, and withdrawals in order.

Official sources

Canada Education Savings Grant Canada Revenue Agency · checked 2026-05-27 Canada Learning Bond Canada Revenue Agency · checked 2026-06-17