To get the most money from the government, we recommend you contribute $2,500 a year for 14 years and then an extra $1,000 in the 15th year. This way, you’ll get the maximum basic Canada Education Savings Grant from the government—a whopping $7,200—plus any other grants you qualify for.

If you miss a year, you can still cash in on the matching grants, but you’ll need to “catch up” and contribute more in a subsequent year.

Remember that every little bit helps. If you can’t put $2,500 a year, simply contribute what you can. The government will match 20% of whatever contribution you make up to a maximium of $500 per year or $7,200 the Plan's lifetime.

Introduce your friends to CST Spark

Whether you love how easy we make it to manage your RESP online or get government grants, let your friends in on the benefits of a CST Spark RESP too.