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  • Education Assistance Payment Withdrawal - Knowledge First...

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REQUEST FOR AN EDUCATIONAL ASSISTANCE PAYMENT OVER $5,000 FOR FULL TIME STUDIES OR OVER $2,500 FOR PART TIME STUDIES FROM A REGISTERED EDUCATION SAVINGS PLAN (RESP) Please identify the type of Educational.

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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.

  1. To begin, locate the Education Assistance Payment Withdrawal form and press the ‘Get Form’ button to obtain it, opening it in your preferred editor.
  2. 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.
  3. 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.
  4. Provide the RESP promoter's information, including the company name, city, complete address, province, contact name, postal code, and telephone number.
  5. 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.
  6. 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.
  7. Estimate your costs by filling out the amounts requested for education costs, living expenses, and any special needs. Ensure to provide a total cost.
  8. If you seek an amount exceeding the standard limits, explain your need in the provided section, such as relating to childcare or specific equipment.
  9. Review the privacy section and acknowledge that completion of the form is voluntary. This assures you of your rights regarding personal information.
  10. Collect and add the necessary signatures from both the RESP promoter representative and the beneficiary, along with the corresponding dates.
  11. 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!

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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.

To withdraw money from the RESP, the subscriber should contact their RESP promoter. Once the beneficiary has enrolled full‑time or part‑time in a qualifying post‑secondary educational program, the subscriber can request an EAP to withdraw money from the RESP to help pay for the beneficiary's studies.

If you want to take out the money from the RESP that was grown in the account over the years (a.k.a. the earnings), the RESP need to have been open for at least 10 years and all beneficiaries need to be over the age of 21, not pursuing higher education and be a Canadian resident.

Login to your secure online account. Select Withdrawal from the menu (and if prompted choose the type of withdrawal you are looking to make). Click submit.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232