<p>I'm trying to figure out which of DD's expenses we can pay with her 529.</p>
<p>--Tuition and fees (pretty obvious--but does that include university health insurance?)</p>
<p>--Room and board. She's a grad student at Yale, so there is no "standard" Yale housing amount. Graduate student apartments come in a variety of prices, but there aren't enough apartments for everyone who wants one so she ended up in off-campus housing. Her apartment costs less than the most expensive Yale grad school apartment, so I assume we can use 529 money for her total rent? And then for food--I assume the maximum allowed amount would be whatever the Yale meal plan is?</p>
<p>--Books and supplies. That seems pretty cut and dried.</p>
<p>What kind of record-keeping is required (for tax purposes)?</p>