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One hundred reasons to save for your child's post-secondary education
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1 U1 z% s/ h; J+ | [( gEdmonton...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 $100 RESP grant is retroactive to 2005 and there is a six-year window to apply for the grant.+ U2 M6 I4 Q0 W$ P% [
0 h+ `% K) w# L3 x/ Q. G' d8 a"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.7 i" B# Z5 }: x: l. C% U( k
9 w- Q- A% ]: `( U ^" tThe 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.* ]* q6 B8 T5 B Q2 l& j
5 V4 ^0 q* v+ t' R. S7 d+ LSavings 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.
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8 K% v8 l( c7 xGrant 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.- N# P9 T7 ?8 U& y4 w" T: v4 j
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http://www.gov.ab.ca/acn/200701/2098973C0C14A-EC36-528D-45456828D9204F28.html |
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