Save while you (don’t) sleep.
Being a parent means you’re always on. The Embark Student RESP is always on too. It’s the only RESP that adjusts to maximize savings as your child grows.
Open a new plan and get a $250 bonus with promo code EASY.*
The easy way to RESP.
$0
upfront cost to get started
7.85%
investment return in 2024 for the cohort with children born in
2009-20118
18.33%
investment return in 2024 for the cohort with children born in 2024–20268
Up to $7,200
or more in federal and provincial government grants9
Children grow fast.
Your RESP should too.¹⁰
An RESP designed for your child’s future
An Embark RESP uses a Glidepath strategy, built to grow in the early years and aims to shelter savings as school gets closer. We’ll watch over your investment, while you focus on what really matters—raising your kids.
Automatic application for government grants
We help you get every government grant you qualify for. Add to your RESP and get a 20% match, up to $7,200 total (or more, depending on where you live).11 No money gets left behind.
A flexible RESP
Whether it’s every month or once a year, you set the deposit schedule that works for you and your budget. You can stop or change or withdraw contributions from home, anytime.12
Not all RESPs are created equal.
At Embark, we do one thing: helping you get the most out of your education savings.
| Embark | 5 big banks² | |
|---|---|---|
| 4.5+ stars on Google⁶ | ✓ | ✗ |
| Time to open | 8 minutes | 1 hour³ |
| Minimum investment to open | $0 | $400⁴ |
| Investment fees | 1.65% | 2.02%⁵ |
| Glidepath investment | ✓ | ✗ |
| Intelligent alerts | ✓ | ✗ |
| Personalized goals | ✓ | ✗ |
| Friends & family can gift directly into RESP | ✓ | ✗ |
| Guided online withdrawals | ✓ | ✗ |
| Exclusive offers from our partners | ✓ | ✗ |
More than just an RESP
Digital-first
No money left behind
RESP gifting
Flexible savings
Add as you grow
Exclusive offers
What is a Glidepath strategy?
Our Registered Education Savings Plan (RESP) is designed to maximize growth potential in the early years and reduce risk as school approaches – so you can plan for their future with confidence.
Early Years
When your child is young, we focus on higher-growth investments to help build your savings.
Middle Years
As your child gets closer to high school, we gradually shift to a more balanced mix of growth and stability.
Final Years
As post-secondary approaches, we prioritize protecting your savings by moving into lower-risk investments.
Big futures, real costs.
Tuition & Books
The average cost of university tuition in Canada is $7,100 a year. Saving just $100 a month puts you on track to cover three years. And if they go to college instead? You’ll be covered.
Residence & Meals
Living on campus can cost up to $30,000 a year. Saving around $208 a month helps you maximize your grants, and could cover most of those residence costs.
Save for the unexpected
One year of college or eight years of university? We’ll help you build the right savings plan no matter what they choose.
Around 60% of Canadians save for tuition first and contribute an average of $100 a month.
Today, you pack lunch.
Tomorrow, you pay tuition.
Most banks make withdrawing from your RESP complicated: Think paperwork, appointments, and endless waiting. But with Embark, accessing your savings is simple, smart, and stress-free.
Easy online withdrawals
Withdraw online anytime—no paperwork, no branch visits. Track your money in real time and know exactly when it’s arriving, so you can stay focused on what matters most.
Smart withdrawal strategies
We help you withdraw grants and earnings first, so your contributions last longer and you minimize taxes. More savings for them, fewer surprises for you.
Planning for every child
Have more than one child? No problem. We help you manage your RESP carefully so there’s enough for every child’s education.
Frequently asked questions
If not now, when?
Saving even $5 per week could add up to a full term of tuition.14 The earlier you start, the more you benefit. Get started now, it only takes a few minutes.