The Moment You've Been Saving For

Use Your Account for College and More

Explore all the ways in which your 529 savings can be used with the interactive tool below.

College or University
  • 529 funds can be used at any eligible public or private college or university in the U.S. and even some international schools that are eligible to accept U.S. federal student aid.1

  • Assets can be used to pay for tuition and fees; room and board; books, supplies, and equipment required for enrollment or attendance; and computer and technology needs.

  • Certain expenses for special needs students are covered.

  • There are no distribution minimums or maximums.
loanRepayment
Next Approved Use
  • 529 funds can be used at any eligible public or private college or university in the U.S. and even some international schools that are eligible to accept U.S. federal student aid.1

  • Assets can be used to pay for tuition and fees; room and board; books, supplies, and equipment required for enrollment or attendance; and computer and technology needs.

  • Certain expenses for special needs students are covered.

  • There are no distribution minimums or maximums.
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  • 529 funds can be used for tuition expenses at K—12 public, private, and religious schools.

  • Distribution maximum is $10,000 per year, per beneficiary The future student designated by an account holder to receive the benefit of an account. .

  • While qualified distributions from 529 plans for K—12 tuition expenses are federally tax-free, state tax treatment will vary and could include state income taxes assessed, the recapture of previously deducted amounts from state taxes, and/or state-level penalties.

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  • All graduate and professional programs are eligible, as long as they are offered by an accredited public or private U.S. college or university. International schools that are eligible to accept U.S. federal student aid would be eligible as well.1

  • 529 assets can be used for tuition and fees; room and board; books, supplies, and equipment required for enrollment or attendance; and computer and technology needs.

  • Certain expenses for special needs students are covered.

  • There are no distribution minimums or maximums.

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  • Expenses related to apprenticeship programs, such as books, fees, equipment, and other supplies, can be paid for using assets from a 529 plan.

  • Programs must be registered with the U.S. Department of Labor.

  • There are no distribution minimums or maximums.

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  • Accredited vocational schools that qualify for federal financial aid are eligible.1

  • Assets can be used to pay for tuition and fees; room and board; books, supplies, and equipment required for enrollment or attendance; and computer and technology needs.

  • Certain expenses for special needs students are covered.

  • There are no distribution minimums or maximums.

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  • Assets in a 529 plan can be used to pay the principal or interest on a qualified education loan for the beneficiaryThe future student designated by an account holder to receive the benefit of an account. or their sibling(s).

  • There is a $10,000 lifetime maximum for each eligible individual.

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Frequently Asked Questions

Can I open an account before my child is born or adopted?

 

Yes, you can. To get a head start on your expected child’s account, you can open an account designating yourself or...

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What if I use money from my 529 account for something other than a qualified education expense? 

 

If you take a distribution for something other than a qualified education expense, the earnings portion is...

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