Where can my beneficiary use the money?

The money can be used in the following ways:

  • Use for college expenses at virtually any college anywhere.
  • Use for Qualified Higher Education Expenses, which include:
    • Board
    • Books
    • Fees
    • Room
    • Supplies and equipment required for enrollment
    • Tuition

If there are assets left in your Account when the Beneficiary has completed college, you can designate a new related Beneficiary of the Account.

Show All Answers

1. Who can open an account?
2. How much do I have to save?
3. What investment options are available?
4. What are the tax advantages of this program?
5. Where can my beneficiary use the money?