Yes, a Canadian Registered Education Savings Plan (RESP) can be used to fund education in the U.S. The funds withdrawn from an RESP can cover eligible expenses for post-secondary education at qualifying institutions, including many U.S. schools. However, it’s important to ensure that the institution meets the criteria set by the Canada Revenue Agency (CRA) for RESP withdrawals. Always consult with a financial advisor or the RESP provider for specific guidance.
Copyright © 2026 eLLeNow.com All Rights Reserved.