We offer two plans tailored to different needs and preferences. Find out which RESP is best suited to your situation and investor profile!
A full range of services from a seasoned team of experts exclusively dedicated to education savings
EAPs for all levels of
post-secondary education: vocational/trade school, college or university1
A safe investment with competitive returns
The ability to transfer the RESP to another child, subject to certain conditions2
Peace of mind knowing you will receive all the grant money your child is entitled to3
Choose the amount and frequency of your contributions when you open your plan (single, monthly, or annual).
Choose the contribution period you prefer: 2 years, 5 years, 10 years, or longer.
Our monthly pre-authorized debit plans are perfect to maintain a savings discipline.
Recover the full amount of your contributions and all sales charges paid at plan maturity. An exclusive advantage from Universitas Financial.4
Minimum $500 contribution at plan opening
· $50 for a one-time additional contribution
· $25 per deposit for monthly contributions (which you can suspend at any time without penalty)
Not sure you chose the right plan? No problem! You can switch to another plan or cancel your RESP contract within 60 days of signing with no penalty.
Manage withdrawals at plan maturity: choose the number and amount of EAPs issued to the student.
Access your funds if you need to make a withdrawal before plan maturity.
Subscribers who currently have a UNIVERSITAS Plan can continue investing in this RESP through additional one-time contributions or by increasing their regular contributions.
However, opening a new UNIVERSITAS Plan is not an option.
Contact one of our scholarship plan representatives. With their expert knowledge of RESPs, our representatives guide you through the process of setting up an RESP suited to your situation, needs, and goals as an investor.
With Universitas Financial, the return of your investment (contributions) is 100% guaranteed once your plan reaches maturity.4
Subject to certain conditions, if your child does not pursue a post-secondary education, you have the following options:
Contact us for all the details.
Yes. Universitas must charge fees to ensure the sound management of your RESP, as with any financial product. Fees are disclosed and explained in detail at the time you set up your plan and sign a contract.
Although our fee structure differs from that of banking institutions, the total fees collected over the plan's life are standard for the industry. Ultimately, investors must consider these fees in relation to the RESP’s risk level and performance, how disciplined they want to be in saving, and what other financial services are included.
Remember that if you have a group plan (REFLEX or UNIVERSITAS), an amount equal to the total sales charges paid is refunded to you when your plan reaches maturity. The full refund of sales charges at plan maturity is an exclusive Universitas Financial advantage.
See our prospectus for everything you need to know about our RESPs and their applicable fees.