Canada Education Savings Grant - How much could you receive
3. How much could you receive
On every dollar or the first $500 you save annually in your child's RESP, the Basic CESG will give your child 20 cents:
- up to $100
And, depending on your family income, your child could also qualify for the Additional CESG:
- up to $100, if your net family income is $45,282 or less
- up to $50, if your net family income is between $45,282 and $90,563
The CESG could add up to $400 on the next $2,000 saved when you save more than $500 annually.
The net family income amounts shown are for 2016. These income amounts are updated each year.
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