paying for off campus housing with 529 plan

Paying for College
1

I read the guidelines from the IRS but my S’s college has a range of rooming available, all with different prices. How do you pick which one to use as the maximum amount you can withdraw from the account?

2

I don’t really know but I’d think as long as you have a printout of how much one of them is (in case of an audit) you’d be fine picking the highest amount. At least that seems like common sense to me.

3

I would look for or ask for a projected Cost of Attendance for a student in off-campus housing.

4

I used the allowance the college published on its financial aid page. Google ‘university name cost of attendance 2018’.