Saving for education

Discover our range of investment solutions to save for your children’s post-secondary education.

Investment options

While Registered Education Savings Plans (RESPs) are a popular way to set aside money for your child’s or grandchild’s education, there are other ways to save money for school, such as a non-registered account or a TFSA.

Personalized approach

A Scotia advisor will get to know you and help build a customized education savings plan to help you achieve your goals.

The Canada Education Savings Grant (CESG)

The CESG is equal to 20% on the first $2,500 in annual contributions made to each beneficiary in an RESP plan. Find out how to boost your RESP savings with the CESG.1

 Registered plan for education

Start a savings plan that’s right for your child with the help of a trusted expert. 

Registered Education Savings Plans (RESPs)

RESPs help parents, family, and friends save towards a child's future post-secondary education.

Products for education 

Build your plan by choosing from our flexible and customizable investment options.

Guaranteed Investment Certificates (GICs)

A worry-free investment product that keeps your principal investment safe and has a guaranteed rate of return.

ScotiaFunds® Portfolio Solutions

Our Portfolio Solutions offer a diversified mix of mutual funds in the convenience of single investment to help you grow your savings while carefully managing risk.  Whether you are seeking regular income or long-term growth, there’s a portfolio solution designed to help you achieve your goals.

Mutual funds

Mutual funds deliver instant diversification and professional money management in a cost-effective and convenient solution.

MomentumPLUS Savings Account

A high interest savings account that rewards you the longer you save.

All with no minimum balance or monthly account fee.

Savings Accelerator Account

Earn a competitive interest rate on your money as it grows, with no monthly account fee. 


Available in registered§ and non-registered plans.

Are you saving for something else?

We can help you achieve your financial goals.

Get smarter with your money. Get Advice+

Investing for the future is important, but so is enjoying your life today. Get financial advice from Scotiabank that’s easy to understand, informative, and tailored to you. We’ll help you build a plan that fits your life.

Talk to a Scotia advisor today

A Scotiabank advisor is someone you can talk to about your today and trust with your tomorrow.

Build a plan for your future with Scotiabank

Get personalized advice from our team of advisors and investment specialists across Canada. 

Connect with us in a way that’s convenient for you. Scotia advisors are available in every branch to help you understand, plan, and execute the right financial plan.

Monitor your investments digitally with online and mobile banking. Our digital banking guides show you how to take care of your banking using your mobile phone, tablet, or computer.

scotiabank branch

Online appointment booking

A quick, easy, and secure way to connect with a Scotiabank advisor matched to your needs.

scotiabank advisor

Have a question?

We’re ready to give you advice.

Investing FAQs