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One hundred reasons to save for your child's post-secondary education7 t4 j$ Q; {/ _% y; @% \
+ R8 O! R8 N; h8 W8 B' i0 u) jEdmonton...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.! C+ s! z' D( Z0 d+ R
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"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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* k+ Y+ B: J" x% ^8 p1 UThe Alberta Centennial Education Savings Plan was launched by the Alberta government in 2005. In addition to the $100 grant, there is a one-time $500 grant available to new Alberta parents with children born in 2005 or after.& g( a( ^/ _/ I2 S# G0 ^( v& v; O) \. z
/ r2 C* R; U1 n* M/ H0 ~5 _* @# ]Savings programs like RESPs build an expectation in parents and their child for pursuing post-secondary studies. Research shows that 80 per cent of children with RESPs go on to a post-secondary education.8 r/ L0 {, K8 C0 @$ j4 F
2 T [7 E) N9 ~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.! Z; f, L ^$ i+ m% a3 R
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. v( V1 l. ^% i* V$ U. e9 N' s. ^http://www.gov.ab.ca/acn/200701/2098973C0C14A-EC36-528D-45456828D9204F28.html |
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