How do I withdraw money from CST?
Withdrawing from My Plans
Once your beneficiary is enrolled in an eligible post-secondary school, you can start withdrawing your RESP funds to pay for school. CST will send you an email to let you know when it's time to access your funds. You will then be able to request your withdrawals directly from the secure site.
What is a CST account?
Central Sales Tax (CST) is an indirect tax, origin based tax on customers and is payable in the state where a particular product is sold. CST is charged only on inter-state transactions and any transaction within a state or import/export of goods does not fall under its purview.
What is Cstresp?
The Canadian Scholarship Trust Foundation is one of Canada's largest and oldest group Registered Education Savings Plan (RESP) providers in Canada with over 61 years of experience providing education savings solutions to families across Canada.
Who are CST Consultants?
the Canadian Scholarship Trust Foundation
How do you get CST money?
When your child is enrolled in a post-secondary school, you can access the money in your CST RESP. This means that the funds in your RESP can be withdrawn and the child can use them to pay for school. CST will always send you a reminder email to let you know when it's time to access your funds.
How do I get out of CST RESP?
You will need to submit a completed RESP withdrawal form or EAP application form; this form will be provided by CST whenever you are ready. You will also need to provide a Proof of Enrolment form (POE) which is supplied to your student by the school.