Christian Credit Union
Personal BankingBusiness BankingFinancial PlanningInsurance PlanningNext Steps for Young AdultsYouth Banking Program


I personally love the “Platinum Class MasterCard” and use it for almost everything. Just one of the advantages is the Travel Insurance, which is free of charge on the Platinum card. I get 2 Choice Rewards® Points for every dollar...read more
Peter SchalkSatisfied Member

Registered Education Savings Plan

Closure of Alberta Centennial Education Plan (ACES) Grant Program

April 24, 2015

Registered Education Savings Plan (RESP) is a product designed to help parents and guardians fund their children’s post-secondary education. A casualty of the March 26, 2015 Alberta budget was the elimination of ACES Grant. In 2005, the Alberta government introduced the ACES Grant as an add-on to the existing federal grant programs Canadian Education Savings Grants and Canada Learning Bond. These federal grants will remain in place.

Children born in 2005 and subsequent years were eligible for a $500 initial ACES grant and $100 subsequent ACES grants at age 8, 11 and 14 provided the child was enrolled in school and a $100 contribution had been made in the year prior to applying. The last day for eligibility for the ACES grant is March 31, 2015. Children born after March 31, 2015 will not be eligible for the $500 grant. Children who turn 8, 11, or 14 years of age after March 31, 2015 will not be eligible for subsequent grants. Application must be completed within six years after the applicable birth date on which the child is eligible for the grant. Application deadline is July 31, 2015.

If you have minor children, especially children under 6 years old, contact your Christian Credit Union Financial Advisor today to ensure you don’t miss out the ‘free’ grant money. Note: there is no contribution required to obtain the initial $500 ACES grant. Children are required to have a Social Insurance Number in order to open an RESP.


‹ Go Back | Share Post


News & Events

Shred Fest
Shred Fest! Lethbridge BBQ LUNCH!Friday, August 25, 11am to 2pm Edmonton DUTCH PANCAKE (Poffertjes) BREAKFASTSaturday, Sept. 9, 8:30am to 10:30am Both events include: • Paper Shredding• Food and Refreshments• Activities and Prizes There...

Read More ›

In the Community

Calvary Grace Church
Calvary Grace Church is a thriving congregation that had been renting a Lutheran church for several years when they were presented with the opportunity to...

Read More ›

Fraud Prevention

Mobile Applications Used by Fraudsters
To ensure safe mobile banking on Android devices, please ensure you do not have following apps on your device. Cybercriminals use these applications to facilitate fraud on the...

Read More ›