Tag Archives: Guide

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.” … Continue reading

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How to Get Money for Your Child’s Future Education

“Youth with savings are 50 per cent more likely to attend post-secondary education than youth with no savings, says Statistics Canada. But educational savings can be a challenge, particularly for lower income families. There are several strategies that can assist … Continue reading

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