529 plans and meals

BrewCrew82
Tue, 08 Nov 2016 01:57:30 +0000

Thanks for info. This sound good. I did read that same info somewhere, but didn’t realize that “board” included meals. So, just to clarify, here is an example…please let me know if I’m correct (for my full time student).

College’s stated cost of room and board is $8,365
Student wants to live in an off campus apartment that cost $6,000 for a school year. That would mean that he could spend an additional $2,365 on food or other “room and board” related items, including meals, and still use 529 money to pay for it…correct??