Saving for the Future is Easier Than Ever

Owned by a not-for-profit foundation, education planning and savings are all we do. We’re passionate about helping students reach their full potential. The Embark Student Plan is a registered education savings plan (RESP) that supports your child’s journey to and through post-secondary education.

Start your Journey

Try the RESP Calculator

The Embark Student Plan is an investment plan that’s easy to manage.

Just set-it-and-forget-it and we will automatically adjust the investment to your child’s stage in life. When you have time to save, it focuses on growing your investments. As your child nears post-secondary studies, the mix changes to preserve your savings.

Investment/Key Benefits:

Best-in-class investments
Set-and-forget automatic adjustments
A plan that grows when time is on your side
Preserves your savings when your child heads off to school
Simple and competitive fee structure

Education savings and planning are all we do. We’re here with step-by-step guidance and comparison tools that help you choose the right plan for your child’s specific goals and timeline.

We will:

Give you the best advice to maximize your savings
Maximize the money you receive from government grants
Be there to answer any questions you have
Simplify and guide you through withdrawing your savings

Access the Embark Student Plan through our innovative digital platform anytime, anywhere. No matter where you are on your education savings journey, our digital platform makes it easy to identify your education savings target, adjust your contributions and learn how to withdraw when the time comes.

Easy, Online Access:

Cutting-edge tools to manage your savings 24/7
Interactive visualizations and data on your plan
Simple, tangible insights, such as how much education your savings can buy
Top-of-the-line technology to protect your savings and make sure it’s secure

Even More Ways You Benefit

Let’s get saving

Estimate Your Savings

Your RESP Savings

$35,066 by 2042

Projected Savings

$21,800 Contributions
$4,360 Grants
$8,906 Income

Average Cost of Education

$39,263Tuition

$114,024Tuition & Residence

This projection is based on assumptions and is for illustrative purposes only. Investment returns and actual future value of your RESP cannot be predicted or guaranteed.

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Customized Guidance for You

Estimating your RESP savings is a good first step. When you open an Embark Student Plan, our savings specialists will work with you to create a custom plan that reflects the expected costs specific to your child’s education goals, maximizes government grants, and provides flexibility for the future.

Grants Available To Residents of Ontario

Grants that are available for Ontario include the Canada Education Savings Grant (CESG), the cornerstone of RESP matching. As well, families with modest incomes may also be entitled to additional grants, such as the Additional Canada Education Savings Grant (ACESG) and the Canada Learning Bond (CLB).

Learn more about these grants:

$6.1 billion

In savings managed by Embark

1.65%*

Our management expense ratio

*Full details of the fees are available in the Embark Student Plan Prospectus

Trusted Partners

Help manage your plan

Useful Resources

*In compliance with the International Ethics Standards Board for Accountants’ (“IESBA”) Code of Ethics for Professional Accountants, the auditor is required to publicly disclose the audit and non-audit fees charged to public interest entities, including Flex First Plan, Family Single Student Education Savings Plan, Embark Student Plan and Embark Select Conservative Plan, on an annual basis.

For the year ended December 31, 2023, fees paid or payable to KPMG LLP and its network firms for the audit of the financial statements of Flex First Education Savings Plan, Family Single Student Education Savings Plan, Embark Student Plan, and Embark Select Conservative Plan were $707,303. Fees for other services were $60,264.

Helpful Answers That Save Time

Embark will charge 1.65% MER annually plus applicable taxes. This means we’ll take off $16.50 for every $1,000 invested, plus applicable taxes, deducted directly from plan earnings, or if earnings are insufficient, from contributions. The Embark prospectus does allow for the MER to be increased to a maximum of 1.99% per year, plus applicable taxes. For example, this would be a maximum of $19.90 for every $1,000 invested. This fee pays for investment management costs, operating, managing, and administering the Plan, including record keeping, trustee, valuation, distribution, and custodial services.

Want to know more? See all our FAQs

Create Your Tomorrow

You and your child are moving forward together. Every step gets you closer to everything you hope for and everything they can be. The Embark Student Plan gets you closer to the place where needs and dreams align. It’s one of the most important steps you’ll take to prepare their path to the future.

Start Your Journey

Saving for the Future is Easier Than Ever

Savings Tailored to Your Child

A plan that automatically adjusts to your timeline

The Embark Student Plan is an investment plan that’s easy to manage.

Investment/Key Benefits:

Expert Guidance Made Simple

Simple, expert guidance that helps make investing easy

We will:

Cutting-Edge Digital Experience

A state-of-the-art digital platform that puts your education savings at your fingertips

Easy, Online Access:

Even More Ways You Benefit

Control your plan every
step of the way

Share your plan among
your children