What cumulative CESG carry forward does Melissa Ahmad have after her contributions over three years?

To determine the cumulative Canada Education Savings Grant (CESG) carry forward that Melissa Ahmad has, it's important to understand how the CESG works. The CESG provides a grant of 20% on contributions made to a Registered Education Savings Plan (RESP) each year, up to a maximum of $500 per year, subject to a lifetime maximum of $7,200.

If Melissa has contributed to her RESP over three years, we need to analyze how much she contributed in total and how the CESG applies:

1. Each year, if she contributed enough, she could earn the full grant of $500.

2. If she did not contribute up to the maximum each year, any unused grant room can be carried forward to subsequent years, allowing her to receive more CESG based on future contributions.

If we assume Melissa consistently contributed enough each year to reach the maximum CESG of $500, then over three years, she could have accrued a total of $1,500 in CESG (3 years x $500).

However, if her contributions varied or she did not reach the maximum grant every year, those unclaimed portions can also carry forward. This allows for the potential cumulative amount of CESG to be higher if the carry forward