his year, Hania and Praveen set up an RESP for their infant daughter, Teja, who was born three years ago in September. Hania and Praveen each contributed $$2,500$ to the RESP. They have a combined family income of $$100,000.$ What statements are FALSE?

$1$ Hania and Praveen have made an excess contribution.

$2$ A Canada Education Savings Grant in the amount of $$1,000$ will be paid into Teja's RESP.

$3$ Hania and Praveen can continue contributing to the RESP until December $31$st of the year in which Teja turns $34$ years of age.

$4$ Hania and Praveen will incur a penalty if they withdraw their principal contributions for reasons other than for an educational assistance$$payment$.$