529 qualified expenses

Qualified Expenses

What can you use your 529 investments for?

Earnings on my529 investments are tax-free when spent on qualified education expenses.

Qualified education expenses include:

tuition & books icon

Tuition and mandatory fees.

supplies icon

Books, supplies and required equipment.

room & board icon

Room and board for students enrolled at least half-time.

computer icon

Computers, peripheral equipment, educational software and internet access.

apprenticeships icon

Costs for registered apprenticeships, including fees, books, supplies and equipment required for participation. To qualify, apprenticeship programs must be registered under Section 1 of the National Apprenticeship Act.

K-12 Tuition Payments

K-12 tuition expenses at public, private or religious schools.

Qualified education loan payments

Payments on qualified education loans for the beneficiary or a sibling of the beneficiary. Withdrawals for loan repayments are limited to a total of $10,000 from all 529 accounts.