So, I'm filling out the forms to have some money withdrawn from the education plan to pay for child's tuition in September. Due to circumstances from last year, I'm agreeing to pay the entire September costs. I'm withdrawing enough to cover tuition, books, rent for 4 months in a house that we are buying, and a new laptop.
For the EAP portion, does that have to go to her directly? There is no way she will use the money to pay for tuition. I'm 98% positive she will drop out mid-way through the semester, but I'm giving her the benefit of the doubt. I am putting it on my credit card and will use the RESP to pay it back once it comes through. I have no idea how this stuff works, and I want to make sure it goes to me.
For the EAP portion, does that have to go to her directly? There is no way she will use the money to pay for tuition. I'm 98% positive she will drop out mid-way through the semester, but I'm giving her the benefit of the doubt. I am putting it on my credit card and will use the RESP to pay it back once it comes through. I have no idea how this stuff works, and I want to make sure it goes to me.
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