How will the funds be deposited into the RESP account?
The governments of Alberta and Canada are working together to administer the grant payments. Once the federal government receives notification that an individual has opened an RESP account and applied for the Alberta Centennial Education Savings Grant, the grant funds will be deposited into the child’s RESP account. Further inquiries should be directed to the RESP provider or the federal government by calling the Canada Education Savings Grant Program of Human Resources and Skills Development Canada at 1-888-276-3624.
Related Questions
- How does a lawyer or law firm determine which client funds should be deposited in a pooled COLTAF account and which should be invested on behalf of individual clients?
- Instead of receiving a monthly interest check from my Certificate of Deposit Account, can I have the funds deposited directly into a DDA or Money Market Account (MMA)?
- How will the funds be deposited into the RESP account?
