The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
The Saskatchewan Advantage Grant for Education Savings (SAGES) program received proclamation yesterday by the provincial government. SAGES will enable the Government of Saskatchewan to provide a grant to a Registered Education Savings Plan (RESP) at a rate of 10 per cent of the subscriber's annual contributions up to a maximum provincial contribution of $250 per year per beneficiary. It is expected that SAGES could benefit more than 83,000 Saskatchewan children under the age of 18. People with new and existing RESPs can apply for SAGES through participating financial Institutions starting fall 2013. Contributions made to eligible RESPs will receive the SAGES grant retroactively to Jan. 1, 2013. SAGES is modelled after the Canada Education Savings Grant, which is delivered on a national level by Human Resources and Skills Development Canada (HRSDC). The federal government, through HRSDC, will be administering SAGES on behalf of the Government of Saskatchewan. _ Government of Saskatchewan