<p>This question is for parents who have a prepaid tuition plan (529). W&M bills me for the full tuition amount even though they have seen for the past 3 semesters that the 529 plan pays a month or so after the semester begins. After it pays, I end up with a credit in the account which carries over to the next semester; however, I don't want to pay the full tuition from the start. (They don't automatically send a refund check either and if they did, it would be in student's name.) They said today that I could pay the difference, but they would probably put a hold on her account. Not acceptable IMO. Has anyone had any experience with this? Other colleges I have dealt with let you pay the difference with no holds. I know students with financial aid and scholarships don't have to pay the full tuition up front!</p>
<p>My daughter has been accepted ED to the class of 2016 and I have a Virginia PrePaid plan.</p>
<p>Since I don’t have experience yet with W&M I can only reflect on my other daughter who goes to a Virginia Private School and they accept the specified value of the PrePaid against their semester bill. I am given a bill which is a net of the overall cost minus the PrePaid and any scholarship monies. I get two bills a year and pay them within the specified 2-3 week window.</p>
<p>I was assuming that W&M and the Virginia VPEP office would work out a similar arrangement.</p>
<p>Evidently this isn’t the case.</p>
<p>I will have to look into this with the Finance Office.</p>
<p>Our prepaid is with another state, not VA, but that shouldn’t matter. Other daughter went to UVa and we only had to pay the difference.</p>
<p>D graduated in May so we used her prepaid Va plan for four years, and it was always paid before we got the bill.</p>
<p>We have a child at another Virginia state school and we only receive a bill for the portion that we owe, after the prepaid Va. plan. </p>
<p>I’ll be interested in hearing how W&M handles this.</p>
<p>although I am not a parent, I was on a 529 plan and there were never holds on my account and I never heard my parents getting a bill where the 529 wasn’t taken into account…</p>
<p>it should not be working the way you describe.</p>
<p>Instate with VA prepaid tuition plan has worked perfectly at W&M for both kids, one already graduated and one current student. We only get billed for room & board. Tuition has already been paid when we get the bill. Never had a problem.</p>
<p>I’ve had no problems with distribution from my daughter’s 529, or anything financial, that weren’t resolved immediately with a phone call, or promptly via e-mail.</p>
<p>Call the bursar’s office if there’s an issue with a time lag and they’ll sort it out.</p>