An EAP or  Education Assistance Payment Account holds all the income earned on contributions from everyone who has the  CST™ Advantage Plan. There is a separate EAP Account for each beneficiary group. This means that if your beneficiary is eligible to begin their post-secondary education this year, for example, the income earned on contributions from all the other CST Plans with beneficiaries going to school in the same year will be included in that EAP Account. The Account also includes income earned on contributions from those whose Plans were cancelled (this is called attrition and is part of the Group Plan Benefit).

The money in an EAP account is distributed to beneficiaries (based on the number of units purchased) as part of their Education Assistance Payments (EAPs) once they have enrolled in eligible studies at a post-secondary institution.