What is an EAP account?

It’s an account that holds all the income earned on contributions from everyone who has a CST group plan. There is a separate EAP account for each beneficiary group, so if your child is eligible to begin their post-secondary education next year, for example, the income earned on contributions from all the other CST students that enter post-secondary studies the same year your child was scheduled to attend will be included in that EAP account. The account also includes income earned on contributions from those whose plans were cancelled.

The money in an EAP account is distributed to students (based on the number of units purchased) once they’re enrolled in eligible studies at a post-secondary institution as part of their Educational Assistance Payments (EAPs).

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