About Registered Education Savings Plans

3 hours

Overview:

Our About RESPs training is a three-hour session designed to help community organizations and educators understand how Registered Education Savings Plans (RESPs) can help families save for their children's post-secondary education. This training empowers facilitators with the knowledge and resources to support their clients in accessing education savings opportunities, government grants, and making the most of their RESP accounts.

Who This is For:

Community organizations supporting families with children, educators and social service providers, organizations looking to provide RESP education to clients and Money Path Trail Guides looking for a deeper dive into this type of government savings plan.

What You'll Learn:

  • What an RESP is and how it works

  • Different types of RESPs: Family, Individual, and Group Plans

  • How to open and operate an RESP account

  • Government grants available, including the Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB)

  • How to maximize RESP contributions through regular savings and automatic deposits

  • Common rules and withdrawal guidelines

Why It Matters:

Post-secondary education is a big investment, but many families miss out on government grants and savings opportunities that can ease the burden. RESPs are a powerful tool to help families plan for their children’s future, especially for low-income households that may qualify for the Canada Learning Bond without needing to contribute. This training equips organizations to bridge the gap and connect families with the financial support they need for education savings.

What You’ll Receive

  • Step-by-step guide on opening and managing RESP accounts

  • Worksheets and activities to explain RESP concepts to clients

  • Information sheets on CESG and CLB eligibility

  • Links to trusted resources and tools

  • Course certificate upon completion

  • Ongoing access to updated RESP resources

How to Register:

To register your team or organization for the RESPs Course, please email info@moneypath.ca.

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