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One hundred reasons to save for your child's post-secondary education
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8 Q# N8 d+ L5 p: V1 e+ p# c3 ]9 f- `Edmonton...Alberta students aged eight, 11 and 14 are now eligible to receive a $100 grant from the Alberta government in their Registered Education Savings Plan (RESP) beginning January 1, 2007. To qualify, families must put in at least $100 into a student's RESP within one year prior to applying for the Alberta Centennial Education Savings Plan grant with an RESP provider. The $100 RESP grant is retroactive to 2005 and there is a six-year window to apply for the grant.; ?$ W+ Y1 T% ]1 J. |% J) B
, w& z( M1 ]' q' E& a8 l4 l"This program gives Alberta parents an incentive to continue saving for their child's education and recognizes the Alberta government's commitment to promote the importance of post-secondary education, whether it's to pursue a college diploma, trade certificate or university degree," said Advanced Education and Technology Minister Doug Horner.
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The Alberta Centennial Education Savings Plan was launched by the Alberta government in 2005. In addition to the $100 grant, there is a one-time $500 grant available to new Alberta parents with children born in 2005 or after.; E7 N4 r- d p- L7 E
( p* `+ h: ~2 uSavings programs like RESPs build an expectation in parents and their child for pursuing post-secondary studies. Research shows that 80 per cent of children with RESPs go on to a post-secondary education.; g2 O/ ]+ B9 n! y, [
7 M8 d" h/ n1 C0 z8 `Grant applications are only available from some RESP providers. A complete list is available online at www.advancededucation.gov.ab.ca/aces/providers.asp or by calling toll free at 1 (866) 515 2237.6 B) p) Z" ]7 O" j* L; Y
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6 J5 j. _, |; O* o* E( P( Bhttp://www.gov.ab.ca/acn/200701/2098973C0C14A-EC36-528D-45456828D9204F28.html |
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