Withdrawal and tax questions
What happens to unused RESP money?
Unused contributions, grants, and income each have different rules. The options depend on plan type and circumstances.
Reviewed 2026-05-23
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Source status: this educational answer links to the government, regulator, school, or provider sources used for the current review. It is not personal financial, tax, legal, or investment advice.
Short answer
Unused contributions, grants, and income each have different rules. The options depend on plan type and circumstances.
Decision area
Withdrawal and tax questions
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This answer is designed as a starting point. RESP rules can depend on residency, beneficiary age, income, provider support, plan type, and current government program rules.
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Withdraw RESP money explains the broader decision and links to related tools.
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