Education Savings Calculator
Find out how much you will need to save and contribute for your child’s education
NOTE: These calculators are for illustrative purposes only and will provide estimated results. Exact results will depend on personal tax situations and other factors. To obtain exact results consult a professional.
Savings to Date:$
Contributions per year:
Contribution Amount:$
Expected Annual Rate of Return: %
Effective Interest per Compounding Period:
Expected Yearly Tuition and Expenses:$
Expected Yearly Increase of Tuition: %
Numbers of Years in College:
Number of Years Until College:
 
Excluding RESP Grant Including RESP Grant
Results:   0-$38,832 $38,832-$77,664 >$77,664
Total Dollars Accumulated from RESP Grant  
Total Dollars Needed for Education
Total Monthly Payment Required
Total Dollars Accumulated at Current Monthly Payment
Total Yearly Payment  
Grant for first $500  
Grant after first $500  
Total Yearly Grant  

 

Assumptions / Facts:
  • 'Total Dollars Needed' and 'Total Dollars Accumulated' are calculated for the beginning of the year in which the child turns 18 and includes all years the child is in College.
  • Contributions are assumed to be made at the end of the contribution period. Annual tuition payments are assumed to be made at the end of the year.
  • 'Expected Yearly Tuition and Expenses' is the amount you expect to pay each year of the child’s education due at the end of the year. These amounts will increase by the ‘Expected Yearly Increase of Tuition’ each year.
  • For the purpose of the calculations the RESP grant is based on the accumulated value of the investment at the end of each year.
Fund Point-of-Sale Delivery and Tracking
Maximize your funds market exposure!
Customized data analytics.
Enhance your students learning experience with our data solutions.
Call us to learn more
Access our repository of POS Fund Fact Sheets.
Click here for this month’s list of FundGrade™ A rated funds.

Click here to view last year’s list of FundGrade A+ recipients.
TOLL FREE: 1 (888) 328-9174
We offer our clients the most accurate and comprehensive data on Canadian Investment Funds that is available in the market.
Browse our directory of listed fund companies:


Website powered by Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
Financial Market Data powered by QuoteMedia.com. All rights reserved. | View Terms of Use.
NASDAQ and other data delayed by 15 minutes unless indicated.
Commodity data is the property of CME Group Inc. and its licensors. All rights reserved.
BofA Merill Lynch Indices used with permission.
© 2017 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.