What happens to my money if I cancel my group savings plan?

When you sign up for a plan with CST, you have 60 days to change your mind and get back ALL of your money. If you cancel your plan after 60 days, you’ll get back your contributions but you won’t get any of the fees you paid back. Any government grants you received will also be returned to the government as they were intended to pay for school. Any income earned on the plan goes into a pool, which will later be distributed among other students that enter post-secondary studies the same year that your child was scheduled to attend.

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Plan cancellation