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The Canadian Government will contribute up to
$14,725.00 towards your child's education.

Welcome to RESPS.ORG !

The benefits of participation in postsecondary education are many.

Increasing levels of education have been associated with:

- greater participation in volunteering

- higher levels of charitable contributions

- greater awareness and care of personal health

- increased levels of literacy

- a greater potential for higher earnings and employment stability


- The majority (67%) of Canadian parents have educational aspirations for their children that include a university degree.

- About half of the children whose parents believed an education after high school was important already had savings put aside for them in 2002.

- The proportion of children with parents who were current savers declined both as the child's grades dropped and as the child's attitudes towards school became more negative.

- Saskatchewan and Manitoba had the highest proportion of children whose parents were current savers (59% and 56%, relative to 50% for Canada overall).

- Higher income groups had the highest share of current savers. Almost 7 in ten children (68%) living in households with incomes of $85,000 or more were currently being saved for at the time of the survey. This dropped steadily as income levels decreased. Nevertheless, more than a quarter (26%) of children living in households where the household income was less than $25,000 had parents who were current savers.

- With income levels tied closely to levels of educational attainment it is not surprising to find that children in households where at least one parent was university educated had the highest proportion of parents who were currently saving (63%).

- Children in two parent families where both parents were working were the most likely to have savings set aside (58%).

- University tuition fees have risen 126% in the past ten years!



"Statistics Canada information is used with the permission of the Minister of Industry, as Minister responsible for Statistics Canada.
Information on the availability of the wide range of data from Statistics Canada can be obtained from Statistics Canada's Regional Offices,
its World Wide Web site at http://www.statcan.ca and its toll free access number 1-800-263-1136."
http://www.statcan.ca



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our site will be of service
in familiarizing you with RESPs.

This site was designed to share information
and to bring together
consumers with RESP Providers.

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or suggestions you may have about our site.

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Canada
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9.11. 2001