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Old 08-04-2018, 09:21 AM   #2
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Join Date: May 2006

You reference it about two thirds down but one of the most common questions I get so it deserves emphasizing is what can the money be used for. Anything at all! Just prove that you’re in a qualifying program in a qualifying institution and you’re good to go. The student can buy a car or live at home and pay room and board to the parents with the money if he/she so chooses.

Good tutorial on RESPs.
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