For families with 529 plans, the max an off campus student can take out as a qualified expense is the school’s published COA. Schools that understate the true COA prevent the family from using 529s to pay those expenses without penalty.
For families with 529 plans, the max an off campus student can take out as a qualified expense is the school’s published COA. Schools that understate the true COA prevent the family from using 529s to pay those expenses without penalty.