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RR3
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If I received money from a 529 to pay college expenses for my son, but then he got a student loan to cover it, can I still use the 529 money?

 
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MinhT
Expert Alumni

If I received money from a 529 to pay college expenses for my son, but then he got a student loan to cover it, can I still use the 529 money?

Money received from student loans is considered as your own money and you can still use your son's education expenses (including room and board) to justify the use of your 529 distributions.

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1 Reply
MinhT
Expert Alumni

If I received money from a 529 to pay college expenses for my son, but then he got a student loan to cover it, can I still use the 529 money?

Money received from student loans is considered as your own money and you can still use your son's education expenses (including room and board) to justify the use of your 529 distributions.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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