How much should I contribute to get the full grant?

$2,500 per year captures the maximum $500 CESG. You can contribute more, but the grant is capped at $500/year (with limited catch-up).

What's the lifetime grant limit?

$7,200 of CESG per child. This calculator caps the grant there automatically.

Calculators › Personal Finance & Tax › RESP + CESG Calculator (Canada)

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RESP + CESG Calculator (Canada)

An RESP earns a 20% government grant (CESG) on your contributions — free money toward your child's education. Enter your plan to see the total grant you'll collect and how big the account could grow by the time they head to school.

Plan

Annual contribution $2,500 captures the full grant

Years contributing

yrs

Expected return

%/yr

Total CESG grant (free money)

CA$7,000

Projected balance at 18

CA$63,045

Total you contribute

CA$35,000

US$9.99 · download & own it forever

Prices in

✓ Includes the full toolkit. One purchase — this calculator already does everything these do, no add-ons: CESG Grant Calculator

How it's calculated

CESG matches 20% of contributions, up to $500 per year and $7,200 per child lifetime.
Contributing $2,500/year captures the full annual grant.
Contributions plus grant grow tax-sheltered until withdrawal for education.

Our methodology & 2026 data sources →

Frequently asked questions

How much should I contribute to get the full grant?: $2,500 per year captures the maximum $500 CESG. You can contribute more, but the grant is capped at $500/year (with limited catch-up).
What's the lifetime grant limit?: $7,200 of CESG per child. This calculator caps the grant there automatically.

RESP + CESG Calculator (Canada)

Plan

How it's calculated

Frequently asked questions

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