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One hundred reasons to save for your child's post-secondary education5 \" [; ~! f% Q% J( [& `6 l, M
# F) f, q* O. ]* C- X8 qEdmonton...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.. w1 _+ B" ^+ `) K
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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.: t( j) U0 y0 n# T, `8 Z; x, r
2 i# w. Y- ^% @8 BThe 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.+ k( @# g) j4 p& {4 I
$ i9 I+ m4 T/ F# ~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.9 f, g& [- g y( |
: F$ Z6 X: |+ O* V) `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.: |% _; v3 z' O
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/ o/ F) {( R' L4 r( _http://www.gov.ab.ca/acn/200701/2098973C0C14A-EC36-528D-45456828D9204F28.html |
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