Canada Education Savings Grant(redirected from Canada Education Savings Grants)
Canada Education Savings Grant
A grant from the Canadian Government to individual Registered Education Savings Plans (RESPs). The grant matches between 20% and 40% of the first $500 of a family's contribution to an RESP, depending on the family's income. It then matches 20% of the family's contributions after $500, regardless of income, up to a maximum benefit of $2,500.