Save today for their tomorrow!
A Registered Education Savings Plan (RESP) is a vital tool in boosting long-term savings plan that helps save for a child’s or young adult’s post-secondary education, including trade schools, colleges, universities, and apprenticeship programs.
As part of Calgary’s Aspire Collaborative, Carya offers RESP support to parents, caregivers, and young adults looking to save for future education. Studies indicate that investing in a child’s education fund is linked to enhanced child development, heightened educational and career aspirations, and increased financial readiness for the future.
What to expect?
We want you to feel empowered and equipped with the knowledge, skills, and confidence to make informed financial decisions for you and your child(ren). Our financial wellness team members provide individualized support, meeting you where you’re at in the process of opening up a Registered Education Savings Plan and answering any questions you may have.
You will learn:
- Where and how to open a RESP.
- Which type of Registered Education Savings Plan is best for your child(ren)/family.
- How to make the most of funds for your child(ren)’s education.
- Where to go if you need more help.
Is the RESP support for me?
MUST BE CANADIAN CITIZENS OR PERMANENT RESIDENTS
Carya’s RESP Support is for parents/caregivers who want to save for their child(ren)’s post-secondary education or any young adult between the ages of 18 and 21 who wants to use this benefit for their post-secondary expenses.
DID YOU KNOW? Grandparents and family friends are also able to open a no-fee Registered Education Savings Plan to save for a child’s future.
Is there a cost?
There is no cost associated with receiving RESP support at Carya. Families can receive up to $2000 free from the Canadian government by opening a registered education savings plan.