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One hundred reasons to save for your child's post-secondary education: B8 g6 P# w$ }6 h# p
( D4 ^- ]8 [! i! l2 G( E: Y* y; bEdmonton...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.; N- S. r+ v( b0 x* l
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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." r9 G: ^& I' [6 a
' t4 n6 n6 `# |, S! o- G/ MThe Alberta Centennial Education Savings Plan was launched by the Alberta government in 2005. In addition to the $100 grant, there is a one-time $500 grant available to new Alberta parents with children born in 2005 or after.9 a' z$ D) P! X) U6 ~0 e& p: u4 E
2 c& f' ^; w2 D/ PSavings 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.' c( |% `' x. @& N I8 d9 Q4 M
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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.
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http://www.gov.ab.ca/acn/200701/2098973C0C14A-EC36-528D-45456828D9204F28.html |
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