What was the objective of the Alberta Education Savings Grant?

The Alberta Education Savings Grant (AESG) was a provincial initiative designed to encourage families to save early for their children's post-secondary education. This one-time $500 grant aimed to promote the use of Registered Education Savings Plans (RESPs) for eligible children born in 2004 or later.

What were the eligibility criteria for the Alberta Education Savings Grant?

To be eligible for the Alberta Education Savings Grant, children needed to be born in 2004 or later. Additionally, a Registered Education Savings Plan (RESP) had to be established for the child. Once these requirements were fulfilled, the grant was automatically deposited into the RESP.

Why was there a specific deadline for the Alberta Education Savings Grant?

The Alberta education savings grant was a time-limited provincial initiative designed to encourage early savings for post-secondary education. To qualify for this grant, eligible children needed to have a Registered Education Savings Plan (RESP) opened and designated by a specific cutoff date, typically before their 9th birthday.

Can Alberta families still apply for the Alberta Education Savings Grant?

Unfortunately, the deadline for the Alberta Education Savings Grant has passed. This provincial program has concluded, and new applications are no longer being accepted.

Alberta Education Savings Grant: Did Your Child Qualify?

Explore the past initiative: the Alberta education savings grant. Understand this $500 provincial program that encouraged early RESP savings for education.

Understanding the Alberta Centennial Education Savings Grant

If you have a child that is 10 years old or younger (born in Alberta between January 1, 2005 and March 31, 2015) they are eligible for a one-time $500 grant from the provincial government. However, you only have until July 31, 2015 to submit the form and apply for this grant before it ends.

On March 26, 2015, the Government of Alberta announced the closure of the Alberta Centennial Education Savings Plan (ACES).

Key Dates:

March 31, 2015 – The last eligibility date for the ACES plan grants. This means that children born after March 31, 2015 will not be eligible for the $500 grant. In addition, children who turn 8, 11 or 14 years after March 31, 2015, will not be eligible for the subsequent $100 grants.
July 31, 2015 – The last day a subscriber can submit a completed ACES plan grant application form.

For further information: http://eae.alberta.ca/funding/aces.aspx

If you would like more information or have any questions, feel free to contact us at 780.466.6204, or click here to send us an email.

Thanks to Chris Turnbull of The Index House for providing this article.

The Index House is a division of Polaris Financial Inc.

Alberta Education Savings Grant: Did Your Child Qualify?

Table of Contents

Understanding the Alberta Centennial Education Savings Grant

More Blog Posts

Alberta Productivity Grant: How To Claim It Now

Employment Expenses Checklist For Canadian Businesses

Canadian Interest Rates In Q3 2026: What To Expect

Solar Investment Tax Credit Eligibility Canada

Need A Holding Company? Protect Assets & Boost Profit

GST On New Builds: Rebates & What Buyers Should Know

Alberta Education Savings Grant: Did Your Child Qualify?

Table of Contents

Understanding the Alberta Centennial Education Savings Grant

More Blog Posts

Alberta Productivity Grant: How To Claim It Now

Employment Expenses Checklist For Canadian Businesses

Canadian Interest Rates In Q3 2026: What To Expect

Solar Investment Tax Credit Eligibility Canada

Need A Holding Company? Protect Assets & Boost Profit

GST On New Builds: Rebates & What Buyers Should Know

Search KWB