Getting a Plan
College, vocational schools, and apprenticeships each can be qualified expenses with a 529 account. Eligible educational institutions include accredited universities, technical colleges and vocational schools. Many foreign schools are eligible to participate in federal financial aid should qualify–basically, any school where you fill out a FAFSA request.
As 529 funds are utilized, receipts should be carefully kept. While audits are rare, they can occur. In general, staying within published school yearly recommended fee amounts for an institution should keep you from problems. These should be available from each post-secondary admissions office.
See Appendix 2 for a few major schools’ 2026 yearly recommended fee amounts.
No statement or example on this site should be considered a specific recommendation for your personal situation. Investing and tax strategies each carry significant risks. Examples herein may not apply to your situation. Please consult your estate attorney, tax advisor, or financial advisor for personal advice.