What is the minimum amount I need to open an RESP from CST?
The minimum amount you need to invest in a CST Group Savings Plan 2001 is the greater of $9.50 per month or one-tenth of a unit. This low contribution level is one of the key advantages of our Group Savings Plan. If you enroll in a Family Savings Plan or Individual Savings Plan, the minimum initial contribution is $150. If your child is receiving the Canada Learning Bond, the minimum initial contribution for the Family Savings Plan and Individual Savings Plan will be waived.
More FAQS
General FAQS
- What are Canadian Scholarship Trust Plans?
- What is an RESP?
- What are the benefits of an RESP?
- What is the minimum amount I need to open an RESP from CST?
- Who can open a Canadian Scholarship Trust Plan for a child?
- Does my RESP require a lot of time to manage?
- What kind of service can I expect from CST?
- If I lose my job or miss a payment; will I lose all my money?