529 impact on need aid

cag60093
Tue, 27 Jan 2026 00:41:50 +0000

Your suggestion is interesting. He’s currently in his 3rd year. I believe FASFA application was submitted for fall 2026/spring 2027 in December but the family has not received any info back yet. So if I understand correctly, we can change the beneficiary to my nephew this year, but wait to distribute funds for his 2027 spring semester costs? If we distribute funds for fall 2026 costs, will that impact 2027 spring semester costs? Will the university change need aid mid year?