The Importance Of An Early Start
As They Grow, So Will Your Investment
The key benefit of starting early is that it will cost you less. It's actually
more affordable the younger your child is when you start an RESP.
For example, if your child is under one year of age, you can start an RESP
for as little as $9.50 per month with our Group Savings Plan.
Just a little each day will help you realize your dream of funding your child's
higher education - and their dream of going.
We know you have many competing financial demands on your budget. However, starting an RESP early in your child's life is less of a financial burden than you may think. Based on your budget and savings goal, you always have the option to increase your contribution level to cover a greater portion of your child's education costs.
Plus, we'll work with you to come up with the best way to help you save. You can do it!
And Now It's Even Easier With An Extra $100 A Month
Thanks to the monthly $100 Universal Child Care Benefit (UCCB) it's never been
more affordable to start an RESP. The UCCB is available for every child under
the age of 6 and adds up to an additional $1,200 a year. This is a wonderful
opportunity to use this benefit when your child is born to get an early start
on an RESP.