QC Education Savings

RESP Grants for a $1,000 Annual Contribution in Quebec

Maximize your Canada Education Savings Grant (CESG) by calculating the returns on a $1,000/year RESP contribution in Quebec. See your projected child education fund balance for 2026.

Max Match Goal
The federal government matches 20% of your contributions up to $2,500 per year. To get the maximum $500 annual CESG grant, aim to contribute at least $208.33 per month per child.

Family RESP Plan

Multi-child savings strategy

Children

Child 1
$
$
Child 2
$
$
Combined across all children

Contribution Plan

Low-income eligibility. Each child receives up to $2,000 individually.
Canada Learning BondLow-income eligibility
Show Estimated PayoutsWithdrawal Simulation

Contribution Splitting: The contribution amount is automatically divided among children under 18 to maximize per-child grants.

Projected Balance
$28,956
Total Contributions
$15,000
Total Grants
$4,500
Interest Earned
$9,456

Per-Child Grant Room (Projected)

Child 1Age 7 → 18
CESG (20% match)$1,100
CLB (Low-income)$0
Individual Total$1,650
Child 2Age 3 → 18
CESG (20% match)$1,900
CLB (Low-income)$0
Individual Total$2,850

Family Growth Projection

Pooled growth until youngest child is 18

Projection Table

Pooled Family Growth
YearContributionGrantsBalance
Year 1Ages: 8, 4
$1,000+$300$1,330
Year 2Ages: 9, 5
$1,000+$300$2,728
Year 3Ages: 10, 6
$1,000+$300$4,198
Year 4Ages: 11, 7
$1,000+$300$5,743
Year 5Ages: 12, 8
$1,000+$300$7,367
Year 6Ages: 13, 9
$1,000+$300$9,074
Year 7Ages: 14, 10
$1,000+$300$10,869
Year 8Ages: 15, 11
$1,000+$300$12,755
Year 9Ages: 16, 12
$1,000+$300$14,738
Year 10Ages: 17, 13
$1,000+$300$16,822
Year 11Ages: 18, 14
$1,000+$300$19,013
Year 12Ages: 19, 15
$1,000+$300$21,316
Year 13Ages: 20, 16
$1,000+$300$23,737
Year 14Ages: 21, 17
$1,000+$300$26,281
Year 15Ages: 22, 18
$1,000+$300$28,956
Total Projected$28,956
Total Grants+$4,500

Disclaimer: This tool provides estimates for informational purposes only and does not constitute financial, legal, or tax advice. While we strive for accuracy using official formulas, your actual government benefits (CPP, OAS, CCB) may vary based on official assessments. Please consult a professional financial planner or Service Canada for your specific situation.

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