Withdrawal and tax questions
What if my child does not go to school?
Options may include changing beneficiaries, transferring, withdrawing contributions, returning grants, or using accumulated income payment rules if conditions are met.
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
Options may include changing beneficiaries, transferring, withdrawing contributions, returning grants, or using accumulated income payment rules if conditions are met.
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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