Hal_Al
Level 15

Education

Room and board and computers  are qualified expenses for a 529 plan.  If the student lives at home, you can use your actual food cost or the school's meal allowance.  In your case, prorate it for the 1 month.

 

Come up with a room & board amount and then let's allocate the numbers.  

 

Are you saying, for sure, that the $2000 scholarship was required to be applied to tuition?

 

Your accounting is basically correct, except that it does not contain amounts for room and board.