How much money benefits could add to the Registered Education Savings Plan

On this page

Benefits can add money to the RESP

Open an RESP with a financial institution of your choice to help set aside money to pay for the costs of a child's education after high school. Start early and watch your money grow with accumulated interest and education savings benefits from the Government of Canada.

The beneficiary of an RESP may also be eligible for the Canada Learning Bond (CLB) and the Canada Education Savings Grant (CESG). Provincial benefits are also available for eligible children in British Columbia and Québec.

  • The CLB provides up to $2,000 maximum per eligible child in an RESP for children from families living with low income
    • No contributions to the RESP are needed to get the CLB
    • A beneficiary will receive $500 their first year of eligibility, then another $100 for each year of eligibility up to and including age 15
    • The CLB is retroactive
    • A primary caregiver can request the CLB for an eligible child until the day before they turn 18
    • At age 18, eligible beneficiaries must apply for the CLB themselves
    • It must be claimed before the beneficiary turns 21
  • The CESG provides up to $7,200 maximum per eligible child in an RESP regardless of income
    • Contributions must be made to the RESP to get the CESG
    • The CESG adds a maximum of $500 to an RESP each year, and up to another $100 for eligible families living with low or middle-income
    • If a subscriber does not receive the maximum CESG amount in a given year, they can catch up on this amount by making more contributions to the RESP in the following years
    • The CESG is available until the end of the calendar year that the beneficiary turns 17
  • Beneficiaries living in British Columbia may be eligible for an additional one‑time $1,200 grant, and beneficiaries living in Québec may be eligible for a refundable tax credit with a lifetime maximum of $3,600

CLB amounts and eligibility criteria

Since the Canada Learning Bond is an income-based benefit, if the beneficiary is eligible to receive it, they could receive $500 the first year in an RESP, and then another $100 each eligible year after that up to and including age 15, up to a lifetime maximum of $2,000.

Once they turn 18 years of age, eligible beneficiaries have until the day before they turn 21 to take the steps to request the CLB for themselves, which can include opening an RESP of their own.

CLB eligibility

To be eligible for the CLB, the beneficiary must:

  • be a resident of Canada prior to the CLB payment being made to the RESP
  • have a Social Insurance Number (SIN)
  • be named as a beneficiary in an RESP
  • be born on or after January 1, 2004
  • be from a family with low-income

As well, the primary caregiver of the beneficiary must:

  • have filed income tax returns for each year they wish to request the CLB for the beneficiary
  • be eligible to receive the Canada Child Benefit (CCB)

No contributions to the RESP are needed to obtain the CLB. Eligibility for the CLB is based on the adjusted family income of the primary caregiver.

The CLB is retroactive. The CLB amounts accumulate each year of eligibility until December 31 of the year in which the beneficiary turns 15. The primary caregiver can request the CLB for an eligible child until the day before they turn 18.

Once they turn 18 years of age, eligible beneficiaries have until the day before they turn 21 to take the steps to request the CLB for themselves, which can include opening an RESP of their own.

Children in care, for whom a Children’s Special Allowance is payable, are also eligible for the CLB.

For July 1, 2025, to June 30, 2026, the income eligibility amount for the CLB is based on the following:

Table 1: Adjusted family income and eligibility for the CLB
Number of children Adjusted income level
1 to 3 Less than or equal to $57,375
4 Less than $64,733
5 Less than $72,123

For families with more than 5 children, call 1 800 O-Canada (1-800-622-6232).

CESG amounts and eligibility criteria

If the beneficiary is eligible to receive the Canada Education Savings Grant (CESG), they could receive up to $500 each year of eligibility. Eligible children from families with middle- or low-income could receive up to another $100 each year. The maximum that can be received from the CESG is $7,200 until the age of 17 per eligible beneficiary.

To receive the CESG, contributions must be made to the RESP. The CESG adds an amount to the RESP based on contributions made. If eligible, beneficiaries can receive up to 20% of the first $2,500 contributed to the RESP. Eligible beneficiaries from families with middle- and low-income can receive an additional 10% or 20% of the first $500 contributed to the RESP.

CESG amounts accumulate and can carry-forward to the current year. If you don’t receive the maximum CESG amount in a given year, you can still receive it in future years. You can catch up on this amount by making more contributions to the RESP.

Table 2: Canada education savings grant summary chart
Adjusted family net income for 2025 Less than $57,375 Between $57,375 and $114,750 More than $114,750
Additional amount of the CESG on the first $500 of annual RESP contribution 20% = $100 10% = $50 Beneficiary is not eligible
Basic CESG on the first $2,500 of annual RESP contribution 20% = $500 20% = $500 20% = $500
Maximum yearly CESG depending on income and contributions $600 $550 $500
Lifetime maximum CESG for which you may qualify $7,200 $7,200 $7,200

How to determine your adjusted family income

CESG eligibility

The CESG is available until the end of the calendar year that a child turns 17. A contribution must be made to the RESP to receive the CESG.

To be eligible for the CESG, the child must:

  • be a resident of Canada at the time the contribution to the plan is made
  • have a Social Insurance Number (SIN)
  • be named as a beneficiary in an RESP
  • be 17 years old or younger

Use the calendar year to determine:

  • CESG eligibility
  • the amount of contributions made
  • the CESG room earned and used in the last year

There are eligibility restrictions for children who are 16 or 17 years old.

CESG eligibility for children aged 16 or 17

Children who are 16 or 17 years old may be eligible to get the CESG. To be eligible, they must meet at least one of the following conditions before the end of the calendar year they turn 15:

  • a total of at least $2,000 is contributed to (and not withdrawn from) the RESP
  • a minimum annual contribution of $100 is made to (and not withdrawn from) the RESP in any four previous years
CESG carry forward

Unused CESG amounts from previous years accumulate until the end of the year in which the child turns 17, even if they are not a beneficiary of an RESP.

If there is an unused CESG amount from previous years, the subscriber can contribute more than $2,500 to the RESP per year and receive up to 20% of their contributions (up to $5,000) each year. This way, a child could get up to $1,000 of the CESG in their RESP per calendar year if there are unused amounts from previous years.

As long as the maximum CESG limit ($7,200) is not exceeded, the CESG room can be carried forward.

Other benefits for people in British Columbia and Québec

British Columbia and Québec offer provincial benefits that may add money to an RESP. This is on top of any money from the CLB or CESG.

British Columbia Training and Education Savings Grant (BCTESG)

The B.C. Government will contribute $1,200 to eligible children through the B.C. Training and Education Savings Grant (BCTESG).

To be eligible for the $1,200 BCTESG:

  • parent and child must be residents of B.C.
  • child must be aged 6 to 8
  • child must be named as beneficiary of an RESP with a participating financial institution
Québec Education Savings Incentive (QESI)

The Québec Education Savings Incentive (QESI) is a tax measure that encourages Québec families to start saving early for the post-secondary education of their children and grandchildren. The lifetime maximum that can be received from the QESI is $3,600 for eligible beneficiaries.

Definitions

Page details

Date modified: