When you take cash from a Heritage RESP, it's essential to know whether you're pulling back your own commitments or different assets from the arrangement to guarantee you're following the right RESP withdrawal directions for the recipient's instructive circumstance. An Education Assistance Payment (EAP) withdrawal is an installment of income and motivating forces from a Heritage RESP to help a qualified recipient pay for secured costs related with their participation at a certify post-optional foundation, as indicated by the Government of Canada site. EAPs are accessible in the second through fourth year of qualified instructive enlistment. An EAP may incorporate speculation profit, CESG (Canada Education Savings Grant), extra CESG, CLB (Canada Learning Bond), and any qualified commonplace motivating forces, however it does exclude your commitments. As indicated by RESP withdrawal rules, recipients pay charge on EAP withdrawals for qualified post-auxiliary costs, while commitment withdrawals are not saddled in their grasp.