529 Plan Tax-Free Withdrawals

What types of expenses can 529 funds be used for?

Withdrawals are tax free when used to pay for qualified education expenses of the designated beneficiary.  These include

• Tuition and fees,
• Certain room and board expenses,
• Books, supplies and equipment required for the enrollment or attendance of the beneficiary at an eligible educational institution,
• Certain expenses for special needs beneficiaries at any accredited school, including public or private universities, graduate schools, community colleges and accredited vocational and technical schools, computer or peripheral equipment,
• Computer software or internet access and related services if used primarily by the beneficiary during any of the years the beneficiary is enrolled at an eligible educational institution, 
• Up to $10,000 per year per beneficiary to help pay for tuition in connection with enrollment or attendance at an elementary or secondary public, private or religious school,
• Expenses required for the participation of a designated beneficiary in a registered and certified apprenticeship program,
• Payment of student loans up to up to a lifetime maximum of $10,000 for a designated beneficiary (the lifetime maximum is applied separately for the sibling's loans versus the designated beneficiary's loans).  State tax treatment may vary.