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I want to set up an RESP for my child; how much should I invest?

Question from: Yannick, Drummondville*

OUR ANSWER

That’s a tricky question since every person’s situation is unique, but allow us to steer you in the right direction. To determine a suitable RESP investment, you must consider several factors, namely your financial capacity and investment goals.


With Universitas Financial, we offer various contribution options with different payment frequencies because we understand that each family’s reality and needs are unique. Some families will go for a $10.50 monthly contribution, while others go for the $2,500 annual contribution to rake in the maximum grant payments. In sum, we customize our plans to every budget and investing pace!


Have you thought about meeting a scholarship plan representative to discuss your savings goals? Our reps have the right know-how to determine which investment is the right fit for you!


Learn the basics with our short video!

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Legal Notes

* Our lawyers insist that we mention the identities marked with an asterisk are fictitious and only serve to present the most frequently asked questions. We understand your concerns well, so we took the lead. The answers, for their part, are all very real.