Forecast your child's university education fund, including 20% federal CESG matching grants (up to $7,200 lifetime) and compound growth.
16 years of growth to age 18
$2,500/year maximizes the $500 annual federal CESG grant.
Projected RESP Value at Age 18
93'473.32 CHF
Provides ~2'921.04 CHF/month for 4 university years (32 months)
Your Deposits
45'000.00 CHF
CESG Grants
+7'200.00 CHF
Compound Growth
+41'273.32 CHF
Milestone Summary
• Free Federal Money Secured: 7'200.00 CHF
• Grant Utilization: 100% of $7,200 lifetime cap
• Tax-sheltered Investment Growth: 41'273.32 CHF
Portfolio = [Balance + Contribution + min(GrantRoom, 20% × Contrib)] × (1 + r)^tCalculates compound investment growth of self-funded contributions plus 20% federal CESG matching grants reinvested tax-sheltered until post-secondary matriculation.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CRA tax brackets, provincial taxes, Bank of Canada rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a qualified financial advisor or CPA prior to executing financial commitments.
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