Q. Ex - first semester meal plan $4900. Second semester $4100. Can I use that $800 difference to pay directly to her for dining out even though she lives on campus?
A. Simple answer: Yes, as the $4900 is an official school charge. Technically, it might be necessary to verify that the $4900 meets the school's "cost of attendance" amounts.
Q. My daughter lives in an university affiliated sorority house. Can I use the 529 to pay for the actual room and board costs?
A. No. You are still limited to the lower of actual costs or the school's cost of attendance. Unlike the $4900 meal plan, there are no university published numbers for her living situation.
