The average university degree in Manitoba costs approximately $30,000. That doesn’t include any living expenses. Having an education plan for your children can take the financial stress away of having massive amounts of debt that takes years to pay off.
Saving for your child’s education can be an easy inexpensive process, especially if you start early. We set up a plan with you, that’s in your budget. You can contribute weekly, bi-weekly, monthly or annually and the government will contribute 20% towards an RESP for every dollar you invest to a maximum of $500 per year and a lifetime maximum of $7200.