I have a huge problem with CEFI. There is nothing I can do with them. I have a similar story, however between my two kids who didn't go to post secondary institutes I have recieved a total of $3300.00 back although I put in a total of about a bit more than $8000.00. Although I was quoted on the phone and I wrote it down about one of my kids that the return was going to be $5734.00 it was $2599.00 and I wrote down the date time and who I talked to, he (Ken) said he didnt' say that and no one ever (even after about 100 phone calls, seriously) appologized for the mis-information. Anyways, then they didn't send me the tax information and my son ended up owing the government about $671.00 on the money he did receive. The whole thing really pisses me off and they will tell you they have the best returns out of any education trust fund in Canada, which they may. But, I invested the same amount of money into mutual funds that I put into my son's RESP and the return on CEFI was giving me $2599.00 on an investment of $4000.00 or so, and the return on my son's Mutual Funds was $9000.00 over the exact same period with the exact same investment. So, you do the math, what would you do? Would you buy an educational trust fund, I would hope you wouldn't. Although they may seem like a good idea, my sister has 3 boys who all went to University and got decent returns on her money, she told me that she figured everything out and she got an annual return on her money of just over 4 percent. No one ever knows if their kids will go to post secondary schooling. If they don't, your screwed, if they do, you will not get better returns than if you had just invested the money yourself. So, don't friggin' do it.