Calculate How to Make the Most of Your Education Savings

The cost of post-secondary education depends on several factors. Use the Embark RESP Calculator to see how much you’ll need and how your savings can grow over time.

Let’s get saving

Estimate Your Savings

Your RESP Savings

$34,088 by 2041

Projected Savings

$21,000 Contributions
$4,200 Grants
$8,888 Income

Average Cost of Education

$39,263Tuition

$114,024Tuition & Residence

This projection is based on assumptions and is for illustrative purposes only. Investment returns and actual future value of your RESP cannot be predicted or guaranteed.

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Customized Guidance for You

Estimating your RESP savings is a good first step. When you open an Embark Student Plan, our savings specialists will work with you to create a custom plan that reflects the expected costs specific to your child’s education goals, maximizes government grants, and provides flexibility for the future.

Grants Available To Residents of Ontario

Grants that are available for Ontario include the Canada Education Savings Grant (CESG), the cornerstone of RESP matching. As well, families with modest incomes may also be entitled to additional grants, such as the Additional Canada Education Savings Grant (ACESG) and the Canada Learning Bond (CLB).

Learn more about these grants:

Saving for the Future Has Never Been Easier

A plan that automatically adjusts to your timeline
Simple, expert guidance helps make investing easy
An innovative digital platform puts education savings at your fingertips
Ability to share your plan between your children

See the Embark Student Plan

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