Registered Education Savings Plan (RESP)
With the help of an RESP you, as a parent, friend or family member, can start putting aside money for a child’s post-secondary education. The subscriber may be the child's parent or parents, but it can also be a grandparent, another family member, or a family friend. A beneficiary can also be the subscriber of their own RESP. Be sure to find out if you qualify for the Government of Canada Education Savings Grant and the Canada Learning Bond which are offered exclusively to RESP subscribers.
For further information, download the following brochures from the Government of Canada: