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How much do Registered Education Savings Plans (RESPs) pay?

How can the government help me save for a child's education? Add to ...

Most Canadians agree that education is the way to a better future. That's why the government helps you save for a child's education after high school. The government offers help through these programs:

Each program has its own rules that set how much grant money you will get. The money goes into your Registered Education Savings Plan (RESP).

Remember: Government grants can really add up over the years

It's like getting free money for the future of a child that you love. Just make sure you understand how each program works. Different rules apply for the Canada Education Savings Grant and the Canada Learning Bond.

Content in this section is provided in partnership with the Investor Education Fund, a non-profit organization promoting financial literacy to Canadians. To find out more go to GetSmarterAboutMoney.ca.

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