Canada Education Savings Grant (CESG)

FederalSavingsChecked October 2, 2026

The government adds money to a child's RESP when you save for their education after high school. Lower-income families get a little extra.

How much

20% on the first $2,500 contributed each year ($500). For July 2026–June 2027, families with income up to $58,523 get an extra $100 (max $600/year); $58,523–$117,045 get an extra $50 (max $550/year). Lifetime maximum $7,200 per child.

When it's paid

Deposited directly into the RESP after contributions.

Who qualifies

The child is a Canadian resident with a SIN
The child is named as beneficiary of an RESP
Contributions are made before the end of the year the child turns 17

How to apply

Get a SIN for the child
Open an RESP with a bank or provider
Ask the provider to apply for the CESG
Make contributions each year

What to have ready

Child's SIN
Your SIN
Child's birth certificate

Common mistakes to avoid

Not contributing yearly and missing grant room
Not getting the child's SIN early
Over-contributing expecting extra grant

Still being confirmed: Carry-forward limits not confirmed. Check the official page for the latest details.

Official sources

Canada.ca – How much money can be added to RESPs ↗

Last checked against these pages on October 2, 2026.

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BenefitCanada is independent and not affiliated with any government. This guide summarizes official sources in plain language; rules and amounts change, so always confirm on the official page before applying.