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How to fill out the Education Assistance Payment Withdrawal - Knowledge First online
Filling out the Education Assistance Payment Withdrawal form can be an essential step for users seeking funding to support their post-secondary education. This guide provides clear and supportive instructions on how to complete the form effectively online.
Follow the steps to fill out the Education Assistance Payment Withdrawal form online.
- To begin, locate the Education Assistance Payment Withdrawal form and press the ‘Get Form’ button to obtain it, opening it in your preferred editor.
- Identify the type of Educational Assistance Payment request you are making — either over $5,000 for full-time studies or over $2,500 for part-time studies. Check the appropriate box to indicate your choice.
- In the calculation section, input the amounts for the Canada Education Savings Grant, Canada Learning Bond, total earnings, and provincial grants, making sure not to include RESP contributions. Calculate and enter the total.
- Provide the RESP promoter's information, including the company name, city, complete address, province, contact name, postal code, and telephone number.
- Fill in the beneficiary information. Include the family name, given names, social insurance number, date of birth, address, city, province, telephone number, and postal code.
- Describe the details of your enrollment. Indicate the type of educational institution, name of the institution, program of study, start date, weeks of current enrollment, and whether you have been enrolled for a minimum of 13 weeks in the last twelve months.
- Estimate your costs by filling out the amounts requested for education costs, living expenses, and any special needs. Ensure to provide a total cost.
- If you seek an amount exceeding the standard limits, explain your need in the provided section, such as relating to childcare or specific equipment.
- Review the privacy section and acknowledge that completion of the form is voluntary. This assures you of your rights regarding personal information.
- Collect and add the necessary signatures from both the RESP promoter representative and the beneficiary, along with the corresponding dates.
- Finally, ensure to save your changes, and then download, print, or share the completed form as needed.
Complete the Education Assistance Payment Withdrawal form online today to get started on your educational funding!
USC Education Savings Plans help parents save for their children's post-secondary education with RESPs that grow steadily and securely. Our registered education savings plans come with over 40 years of experience, providing peace of mind for thousands of Canadian families.
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