A scholarship plan is a type of investment fund. It's specifically designed to help you save for post-secondary education. Once you sign up for a plan with CST Consultants and we have received all of the necessary information (including the Social Insurance Numbers of yourself and the beneficiary), your plan will be registered with the Canada Revenue Agency (CRA). Upon registration, your plan becomes a Registered Education Savings Plan (RESP) and can then then qualify for government grants and other tax benefits.