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Education and training in Division No. 18, Unorganized, Saskatchewan

Additional Canada Education Savings Grant

Last verified , may be out of date

Canada

In short

Who qualifies for the basic CESG . Who qualifies for the additional CESG .

Who it is for
Children, Youth, Families, People on a low income
Where
Canada
Last verified
, by HelpSeeker

Contact the organization to confirm

About this organization

Website: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/registered-education-savings-plans-resps/canada-education-savings-programs-cesp/canada-education-savings-grant-cesg.html

Who qualifies for the basic CESG

No matter what your family income is, ESDC pays an amount of Canada Education Savings Grant (basic CESG) of 20% of annual contributions you make to all eligible RESPs for a qualifying beneficiary to a maximum CESG of $500 in respect of each beneficiary ($1,000 in CESG if there is unused grant room from a previous year), and a lifetime limit of $7,200.

Who qualifies for the additional CESG

ESDC will also pay an additional amount of Canada Education Savings Grant (additional CESG) for each qualifying beneficiary. The additional amount is based on the adjusted income and can change over time as the adjusted income changes.

Who can use it?

Families with a low to moderate income

Listed in Division No. 18, Unorganized, Saskatchewan.

Canada

CanadaDivision No. 18, Unorganized, Saskatchewan

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