What is the Alberta Centennial Education Savings Plan (ACES) Grant?
The ACES grant is established by the Alberta Provincial Government which will pay $500 into the RESP account of a child who was born in Alberta on January 1, 2005 or later. Additional ACES grants of $100 will be paid into the RESP account of a child when he/she turns 8, 11 and 14 provided that the child, at the time, enrolled in a school in the province of Alberta and the minimum RESP contribution level has been met.
