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posted Jun 1, 2019 12:33:41 PM

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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Expert Alumni
Jun 1, 2019 12:33:42 PM

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.

1 Replies
Expert Alumni
Jun 1, 2019 12:33:42 PM

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.