Educational Assistance Payments: What you need to know

“When the beneficiary finishes high school and enrols in post-secondary education, they can start taking payments from their RESP. These payments, known as¬†educational assistance payments (EAPs), are made up of the investment earnings and government grant money in the RESP.”

http://www.theglobeandmail.com/globe-investor/investor-education/investor-education-fund/resps/education-assistance-payments-eaps/article16843698/

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