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Education · Tout le Canada
Federal grant paid into an RESP to help save for a child's post-secondary education. The basic grant adds 20% of annual contributions up to $500 per child ($1,000 with unused room) and $7,200 lifetime; low- and middle-income families can receive an extra $50 or $100 on the first $500 contributed.
Eligibility conditions
Have one or more eligible dependent children
How to apply
Open an RESP with a participating promoter for the child beneficiary.
Make personal RESP contributions before the end of the year the child turns 17.
If the child is 16 or 17, confirm the prior-contribution rules are met ($2,000 before age 15 or $100 in at least 4 earlier years).
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