1-800-246-1203 info@cefi.ca Select Page ABOUT CEFI / Group Option Plan Group Option Plan Managing your RESP during COVID-19 : Click Here The CET Group Option Plan Designed for investors who value protection of principal and disciplined, committed savers. For 24 years in a row, the CET Group Option Plan has proudly paid the highest 1st Scholarships compared to other national group scholarship plans.1 Key Benefits Minimum 1 unit – for a newborn that is $9.90 a month Attrition – Interest income is paid to the pool for the full benefit of Plans kept to maturity and who receive EAPs. Your beneficiary qualifies to receive all 3 EAPs in a 1, 2, 3 or 4 year course of Eligible Studies2 – not all providers offer this benefit! Flexibility in education programs in both Canadian and international institutions3 As a disciplined, committed saver you follow our established Contribution Schedule Government Grants – we assist you in applying for and collecting all federal and provincial grants that your family is eligible to receive. We provide ongoing administration services for the duration of the plan. Eligibility to receive payments from the Scholarship Enhancement Fund Account4 You have the option to transfer to our CET Self-Initiated Option Plan Peace of mind through the range of insurance coverage options available to protect your investment in the Group Option Plan5 Your Contributions earn AIR MILES® reward miles! 1 CEFI has compared the first Scholarship payments on a per unit basis from the Children’s Education Trust of Canada Group Option Plan to the comparable first scholarship payments of other nationally available group scholarship plans through publicly available financial statements and prospectus documents at www.sedar.com. On the basis of this comparison, CEFI has determined that the Children’s Education Trust of Canada Group Option Plan has paid the highest first Scholarship payments per unit to beneficiaries from 1997 to 2020 inclusive. Past performance does not guarantee future performance. 2 Please consult the Plan’s prospectus for full information and a definition of Eligible Studies. 3 Please see the Master List of Designated Educational Institutions (both in Canada and international) here. Qualifying post-secondary educational institutions include universities, community colleges, certain trade schools, vocational schools, technical schools, religious schools, CEGEPs, as well as distance learning or correspondence learning programs. 4 Payments from the Scholarship Enhancement Fund Account. EAP top-ups and return of sales charges with respect to the Group Option Plan depend on the amount of money available in respect of the Beneficiary Group in the Scholarship Enhancement Fund Account and the allocation of that money as between EAP top-ups and return of sales charges. Payments from the Scholarship Enhancement Fund Account are not guaranteed. You must not count on receiving a payment from the Scholarship Enhancement Fund Account. Payments will only be made if there is money in the Scholarship Enhancement Fund Account in respect of your Beneficiary Group. If there is a payment, you may get less than what has been paid in the past. 5 Except in the Province of Québec, eligible subscribers are automatically insured in the event of death or permanent disability for all remaining contributions on the Plan. Further optional insurance coverages are available. Start your contributions: Government Grants Investment Growth Group Option Plan Payments Earn AIR MILES® reward miles! Earn 10 AIR MILES® reward miles with every unit purchased in the CET Group Option Plan. Receive 1 AIR MILES® reward mile for every $100 contributed until your Plan matures. Eligible Studies Qualifying post-secondary educational institutions include universities, community colleges, certain trade schools, vocational schools, technical schools, religious schools, CEGEP’s, as well as distance learning or correspondence learning programs. Please see the Master List of Designated Educational Institutions (both in Canada and international) here Group Option Plan: How Educational Assistance Payments (EAPs) Work 2IF MONEY IS AVAILABLE IN THE SCHOLARSHIP ENHANCEMENT FUND ACCOUNT FOR THE BENEFICIARY GROUP AND ALLOCATED TO TOP-UPS OR RETURN OF SALES CHARGE. Payments from the Scholarship Enhancement Fund Account. EAP top-ups and return of sales charges with respect to the Group Option Plan depend on the amount of money available in respect of the Beneficiary Group in the Scholarship Enhancement Fund Account and the allocation of that money as between EAP top-ups and return of sales charges. Payments from the Scholarship Enhancement Fund Account are not guaranteed. You must not count on receiving a payment from the Scholarship Enhancement Fund Account. Payments will only be made if there is money in the Scholarship Enhancement Fund Account in respect of your Beneficiary Group. If there is a payment, you may get less than what has been paid in the past. What if things change? We understand and are always available to assist you. There are options available if you need to make a change to your Plan. If your financial situation changes, we are available to assist you and explore options in a professional and informed manner. 3221 North Service Burlington, ON L7N 3G2 Toll Free: 1-800-246-1203 info@cefi.ca About CEFI Our Commitment Why Choose CEFI? Testimonials Foundation Professionals Our Plans Group Option Plan Achievers Plan Self-Initiated Option Plan Resources & Grants Government Grants Eligible Studies Regulatory Documents Forms Insurance Options Tools Agent Login Careers EAP Application Copyright © 2021 Children's Education Funds Inc. 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