RESP grant calculator
See how government CESG grants boost your child's education savings, including year-by-year growth.
Your numbers
0 yrs17 yrs
what you have today
$0$100,000
$0$5,000
Your contribution$2,500/yr
Government adds 20% free+$500/yr
Total deposited$3,000/yr
% return
0%20%
Jatinder typically illustrates 6–8% for a balanced segregated fund portfolio.
Illustrative only. Assumes contributions at the start of each year, full CESG eligibility, and a fixed annual return. Does not include CLB or provincial grants. Actual results will vary.
Projected RESP at age 18
$73,700
You contributed
$37,500
CESG grants
$7,200
Tax-sheltered growth
$29,000
Year-by-year growth
Ready to start your child's RESP?
The earlier you start, the more CESG grants you can collect. Every year counts.
Learn about RESPs