What documentation should a promoter get from a beneficiary before making an Educational Assistance Payments (EAP)?

Home / FAQ / What documentation should a promoter get from a beneficiary before making an Educational Assistance Payments (EAP)?

The financial institution administering the RESP account is required to obtain proof that the beneficiary is enrolled in a qualifying educational program at a post-secondary school level at a Designated Educational Institution. A financial institution is not required to obtain receipts from a beneficiary as proof of expenses before making an EAP.