Registered Education Savings Plans, or RESPs, take on various shapes and sizes. You can open a group, family or individual plan to help save for your child's post-secondary education. CST has compiled a number of common RESP questions to help make saving easier.
When school plans change
- If my child collects their first Education Assistance Payment (EAP) and then drops out of school, what happens to my money?
- What happens if the student switches to another program at the same university? Will they still qualify for payments?
- What happens if my child doesn’t go to post-secondary education?
When your child goes to school
- Is it necessary to begin post-secondary education directly after high school?
- What if my child graduates high school early?
- What types of post-secondary schools and programs qualify?
- What qualifies as eligible studies for my child to access the funds from CST’s group plans?
- Can I transfer money out of my RESP anytime? Can I make withdrawals?
- How do I collect the money in my plan? What is included in these payments?
- Does my child have to go to school for all four years to collect money from the plan?
RESPS
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?
Sales Charges and Sales Charge Refund
Fees
Investment Strategy
Cancellations
Sales Representatives
Contributions
General FAQS
- What is an RESP?
- What are the benefits of an RESP?
- What are Canadian Scholarship Trust Plans?
- Who can open a Canadian Scholarship Trust Plan?
- What is the minimum amount I need to open an RESP from CST?
- If I lose my job or miss a payment; will I lose all my money?
- What kind of service can I expect from CST?
- Does my RESP require a lot of time to manage?
CST Advantage Plan
- Who can open CST Advantage Plan?
- What is the minimum amount that I need to open CST Advantage Plan?
- Does my CST Advantage Plan require a lot of time to manage?
- What types of post-secondary schools and programs apply for the CST Advantage Plan and other CST RESPs?
- How is the money invested in CST Advantage Plan?