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The Alberta Centennial Education Savings (ACES) grant was introduced in 2005 by the Alberta government to encourage families to begin planning and saving for their children's post-secondary education. The government of Alberta contributes $500 to an RESP for babies born to or adopted by Alberta residents on or after January 1, 2005.
The Canada Education Savings Grant program was announced in the 1998 Canadian federal budget tabled on 24 February 1998 by Finance Minister Paul Martin. The program was retroactively started on 1 January 1998 and placed under the administration of Human Resources Development Canada .
Less than five percent of eligible children received the grant over the program's first two and a half years (i.e., 19,259 out of 422,048). [3] In addition, the federal government distributed $12 million rather than the $192.5 million budgeted for the same time period. [ 3 ]
The Canada Education Savings Act (French: Loi canadienne sur l’épargne-études, CESA) is an Act of the Parliament of Canada. It is intended to provide financial assistance for post-secondary education savings. The first version of the law was assented to on 15 December 2004. Most sections of the act entered into force on 1 July 2005. [1]
A Coverdell education savings account, or Coverdell ESA, is a savings plan for education-related expenses. Funds can be used for college, elementary or secondary education.
Education in Saskatchewan is generally divided as Elementary (primary school, public school), followed by Secondary (high school) and Post-secondary (university, college). Within the province under the Ministry of Education, there are district school boards administering the educational programs. [4]
The South East Cornerstone South Public School Division No. 209 provides public education to nearly 8,000 students in south east Saskatchewan. The School Division was created in April, 2005 as part of the Provincial Government's plan to restructure the way primary to secondary education was administered in the province.
Photo of the Ministry of Finance. The Ministry of Finance is a ministry responsible for the financing, revenue and expenses of the Government of Saskatchewan in order to enhance the fiscal strength of the Province.