Get more from
your RESP
This spring, get a $250 bonus when you open an education savings plan. The earlier you start, the more you save for your child’s future. Hop to it!
Registered Education Savings Plan (RESP)
What is an RESP?
An RESP (Registered Education Savings Plan) is a special savings account that helps parents save money for their child’s post-secondary education.
How does an RESP work?
Add to your RESP and get a 20% government match, up to $500 a year and $7,200 total per child. You’ll earn interest on all contributions – tax-free.
Who is an RESP for?
An RESP is for anyone—parents, guardians, or family members—who wants to save for a child’s education, grow their savings tax-free, and take advantage of government grants.
Open an RESP in
8 minutes
Answer a few questions about you, your child and your savings goals. That’s it! And if you need it, we are here to help.
Grants, we’re on it
We know all the government grants. You can get up to $12,800 per child in federal and provincial grants. We do the work. The RESP gets extra money. Easy.
Save what you can
when you can
Whether it’s every month or once a year, you set the savings schedule and we take it from there. We’ll help grow your savings as your children grow.
Top choice of over 1 million Canadians
- Managing $6.5 billion in education savings
- 850,000 children funded for Universities/College
- 60 years of education savings expertise
Have the money, when it’s time
Estimate your savings
Your RESP Savings
Projected Savings
- $21,800 Contributions
- $4,360 Grants
- $8,906 Income
Average Cost of Education
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.
Embark Student Foundation
Embark Student Foundation is a not-for-profit corporation and owner of Embark Student Corp. For over 60 years, the foundation has focused on making education planning and saving easier for all, and has awarded nearly $57 million to Canadians.
Recognizing outstanding students: Almost $2 million awarded to students in recognition of their outstanding achievements and contributions to community.
Embark Major Grant Program: Launched in 2023, the Embark Student Foundation Major Grant Program awards millions to post-secondary institutions to support innovative programs, services and initiatives that have a positive impact on student experiences in Canada.
If not now, when?
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Saving even $5 per week could add up to a full term of tuition. The earlier you start, the more you benefit. Get started now, it only takes a few minutes.
