What are Group Plan Benefits?
Group plan benefits are a feature of CST Advantage Plan that help boost your education savings.
The benefit is made of two parts:
- Additional funds paid to your child as a beneficiary of CST Advantage Plan on top of their investment income in the EAP account.
- The income left behind from families that have left CST Advantage Plan before the maturity date. This income is divided among the beneficiaries who remain in CST Advantage Plan and is paid out when these beneficiaries receive their Education Assistance Payments (EAPs).
More FAQS
CST Plans
- What are Canadian Scholarship Trust Plans?
- Who can open a Canadian Scholarship Trust Plan?
- What plans does CST currently offer?
- Is CST’s group plan (called CST Advantage Plan) right for me and my family?
- What is attrition? How does it benefit my child?
- What is principal protection?
- What is a unit? Why do you use units?
- What is an EAP?
- What is an EAP account?
- What are Group Plan Benefits?
- What is the minimum amount I need to open an RESP from CST?
- How has the CST Plan changed over the years?
- What if I don’t want to open a Group Plan – can I still save with CST?
- What kind of service can I expect with a CST Plan?
- If I lose my job or miss a payment; will I lose all my money?