Beginner questions
How much should I contribute to an RESP?
Many families use annual grant rules as a planning anchor, but the right amount depends on budget, grant room, and other financial priorities.
Reviewed 2026-05-23
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Source status: this educational answer links to the government, regulator, school, or provider sources used for the current review. It is not personal financial, tax, legal, or investment advice.
Short answer
Many families use annual grant rules as a planning anchor, but the right amount depends on budget, grant room, and other financial priorities.
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Beginner questions
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This answer is designed as a starting point. RESP rules can depend on residency, beneficiary age, income, provider support, plan type, and current government program rules.
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Start an RESP explains the broader decision and links to related tools.
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