Saving for education
Discover our range of investment solutions to save for your children’s post-secondary education.
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.
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.
Products for education
Build your plan by choosing from our flexible and customizable investment options.
Savings Accelerator Account
Earn up to 4.05% interest until April 30, 2023 on new deposits in your eligible RRSP or TFSA with the Savings Accelerator Account.†
Earn a competitive interest rate on your money as it grows, with no monthly account fee. Available in registered2 and non-registered plans.
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.
Guaranteed Investment Certificates (GICs)
Earn up to 15,000 Scene+TM points on an eligible GIC.♢
A worry-free investment product that keeps your principal investment safe and has a guaranteed rate of return.
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