Payments from an RESP

The promoter can make the following types of payments:

• educational assistance payments (EAP);
• accumulated income payments (AIP);
• refund of contributions to the subscriber or the beneficiary;
• payment to a designated educational institution in Canada;
• repayment of amounts under the Canada Educational Savings Act or under a designated provincial program; and
• payment to a trust to accommodate transfers of property between RESPs.