In

A registered education savings plan (RESP) is a contract between an individual (the subscriber) and a person or organization (the promoter). Under the contract, the subscriber names one or more beneficiaries (the future student(s)) and agrees to make contributions for them, and the promoter agrees to pay educational assistance payments (EAPs) to the beneficiaries. For more information about RESPs visit the CRA website.

Our Permaculture Design Course can meet the requirements of “specified educational program” for the purpose of Educational Assistance Payments, as described on the CRA website. Note that a specified educational program is a program at post-secondary school level that lasts at least three consecutive weeks, and that requires a student to spend no less than 12 hours per-month on courses in the program.

However, before assuming that your promoter will provide Educational Assistance Payments we highly recommend that you contact them to find out if they have any additional requirements above those stated on the CRA website. The reason for this is that although we have had numerous students successful in requesting EAPs from the holder of their plan (i.e. the promoter), there have also been some students told by their promoter that we do not qualify.

Recent Posts
0

Start typing and press Enter to search