RESP and RRSP

To use a Registered Education Savings Plan (RESP) that has been set up in your name, contact the RESP provider to find out how to access the funds. You usually need proof that you are accepted to a program and information about the fees you will pay.

The Government of Canada’s Lifelong Learning Plan (LLP) allows you to withdraw amounts from your Registered Retirement Savings plan (RRSP) to finance full-time training or education for you or your spouse or commonlaw partner. If certain conditions are met, you do not have pay tax on the money when you withdraw it, and you can pay the money back to your RRSP over a 10-year period.

Need further guidance?

Everyone should consider applying for financial aid—chances are you’re eligible for some support. Let us help you navigate the many funding options available for your post-secondary education, including scholarships, bursaries, government student aid and other funding opportunities.

Join us for a 45-minute online information session to learn more about Financial Aid and Awards.