What grants do I get for contributing $500 a year to an RESP in Quebec?

Contributing $500 annually to a Registered Education Savings Plan (RESP) in Quebec makes you eligible for the federal 20% Canada Education Savings Grant (CESG) match. Depending on your income level, you may also qualify for the Canada Learning Bond (CLB) or specific provincial incentives.

QC Education Savings

RESP Grants for a $500 Annual Contribution in Quebec

Maximize your Canada Education Savings Grant (CESG) by calculating the returns on a $500/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

Current Age: 7

Past Contributions

Grants Received

Child 2

Current Age: 3

Past Contributions

Grants Received

Total Current Plan Balance

Combined across all children

Contribution Plan

Total Amount

Frequency

Expected Annual Return (5%)

Province of Residence

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

$14,478

Total Contributions

$7,500

Total Grants

$2,250

Interest Earned

$4,728

Per-Child Grant Room (Projected)

Child 1Age 7 → 18

CESG (20% match)$550

CLB (Low-income)$0

Individual Total$825

Child 2Age 3 → 18

CESG (20% match)$950

CLB (Low-income)$0

Individual Total$1,425

Family Growth Projection

Pooled growth until youngest child is 18

Projection Table

Pooled Family Growth

Year	Contribution	Grants	Balance
Year 1Ages: 8, 4	$500	+$150	$665
Year 2Ages: 9, 5	$500	+$150	$1,364
Year 3Ages: 10, 6	$500	+$150	$2,099
Year 4Ages: 11, 7	$500	+$150	$2,872
Year 5Ages: 12, 8	$500	+$150	$3,684
Year 6Ages: 13, 9	$500	+$150	$4,537
Year 7Ages: 14, 10	$500	+$150	$5,434
Year 8Ages: 15, 11	$500	+$150	$6,378
Year 9Ages: 16, 12	$500	+$150	$7,369
Year 10Ages: 17, 13	$500	+$150	$8,411
Year 11Ages: 18, 14	$500	+$150	$9,507
Year 12Ages: 19, 15	$500	+$150	$10,658
Year 13Ages: 20, 16	$500	+$150	$11,868
Year 14Ages: 21, 17	$500	+$150	$13,141
Year 15Ages: 22, 18	$500	+$150	$14,478

Official CRA Resources

CRA: CESG Matching Rules & Limits

CRA: CLB Eligibility Requirements

Total Projected$14,478

Total Grants+$2,250