Paying for tuition with RESP account?

Your QuestionsCategory: RESPsPaying for tuition with RESP account?
Mengyu Qi asked 3 weeks ago

My parents have been putting money into an RESP account for me for a few years now. I am currently in first-year of university. How do we apply to take some of that money out for tuition?

1 Answers
Arlene Lovell Staff answered 3 weeks ago

Hello Mengyu Qi, 
Congratulations on starting university! It’s best to contact your RESP provider for details on how withdraw from your plan. If your parents opened a Knowledge First Financial RESP, you can see this link to find more information about the process.