Apply for the Canada Education Savings Grant (CESG) – How much a child could get

From: Employment and Social Development Canada

3. How much a child could get

Each year, the CESG provides 20% of the Registered Education Savings Plan (RESP) contributions of up to $2,500. That means the CESG can add a maximum of $500 to an RESP each year.

Children from middle- and low-income families might be eligible to get the Additional amount of CESG. If eligible, that means an extra 10% or 20% is added to the first $500 contributed to an RESP each year.

The Additional amount of CESG may be:

  • up to $100 if the 2018 adjusted income is $46,605 or less ($500 x 20% = $100)
  • up to $50 if the 2018 adjusted income is greater than $46,605 and up to $93,208 ($500 x 10% = $50)

The maximum amount of CESG, including the Additional amount, a child can get is $7,200.

Income levels example

A child named as the beneficiary in an RESP, who is born in 2014 and from a family with an adjusted income of $32,000, could be eligible to get the CESG, plus an additional amount of CESG of 20%.

Table 1: Income levels example

Table 1: Income levels example
Year Age of child (RESP beneficiary) Contributions made to the RESP Contributions that qualify for the CESG Contributions that qualify for the Additional amount of CESG CESG put in the RESP Additional amount of CESG put in the RESP Total provided
2014 Newborn $2,500 $2,500 $500 $500 $100 $600
2015 1 year old $2,000 $2,000 $500 $400 $100 $500
2016 2 year old $3,000 $2,500 $500 $500 $100 $600
2014-2016 Subtotal N/A $7,500 $7,000 $1,500 $1,400 $300 $1,700

Table summary – The total amount put in an RESP is $9,200 ($7,500 in contributions plus $1,700 in grants).

Using the previous example, the following calculations can be used to determine the CESG that will be deposited in the RESP:

  • ($2,500 + $2,000 + $2,500 = $7,000 in contributions that qualify for the CESG) x 20% = $1,400
  • (3 x $500 in contributions that qualify for the Additional amount of CESG) x 20% = A payment of $300
  • $1,400 (CESG) + $300 (the Additional amount of CESG) = A total deposited in the RESP of $1,700
Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, contact us.

Date modified: