The RESP Calculator illustrates the future costs and savings involved in supporting a child’s years of study in college or university. Based on user data entered, it will predict anticipated costs associated with post-secondary education including tuition fees, room and board and miscellaneous expenses. Just submit your current estimations in the following form to determine the minimum annual RESP contributions and additional investments required to support these costs.

The calculator also takes the federal Canada Education Savings Grant into consideration; however, you may want to find out more about other provincial or federal programs that may have an impact on your total RESP savings.

DISCLAIMER: AIC Limited does not warrant or make any representations regarding the use or the results of the use of the calculators found herein in terms of their correctness, accuracy, timeliness, reliability, or otherwise. Under no circumstances shall AIC Limited, or any parent company, subsidiaries, affiliates, or their respective partners, officers, directors, employees, or agents be held liable for any damages, whether direct, incidental, indirect, special, or consequential, and including, without limitation, lost revenues or lost profits, arising from or in connection with your use or reliance on the calculators found herein.

These calculators are provided for general illustrative purposes only. All examples are hypothetical. The calculators are provided only as an educational tool and does not constitute investment advice. To take into account your specific circumstances, you should obtain professional investment, legal and/or tax advice, as appropriate.

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