RESPs are split into income paid as Education Assistance Payments (EAPs) and your original contributions, and the EAPs are the installments that the child can take after they enroll into a post-secondary program. EAPs are made up of the government grants and earnings.

Bright tip: EAPs should be withdrawn first, because if the government grant money isn’t used, the government will take it back.

Introduce your friends to CST Spark! 

Whether you love how easy we make it to manage your RESP online or get government grants, let your friends in on the benefits of a CST Spark RESP too.