Are expenses qualified for Coverdell if student is studying abroad internationally in a school preapproved by her state school?

Forum|Forum|6 years ago
February 8, 2020
2 replies
65 views

My daughter is studying for one semester in Spain through a "travel abroad" program offered by her state school. The courses were pre-approved by her school and there are a group of kids travelling to take advantage of this international travel program. The school in spain is not on the Department of Education's list of schools approved for federal aid. I don't care about the AOTC since she has enough tuition expenses (>$4K) for the other semester which will be attendend in-state.

Can she take Coverdell distributions tax-free based on these International expenses (room/board/tuition/fees)? Does it matter who we technically pay the bill to since the classes were approved and set up thru her program?

Best answer by KrisD15

"If the U.S. home college or university is eligible for Title IV federal student aid, the study abroad program will be eligible as well, provided that the classes are accepted for credit by the U.S. institution."

Reference

KristinaK

Alumni - Expert

If the U.S. home college or university is eligible for Title IV federal student aid, the study abroad program will be eligible as well, provided that the classes are accepted for credit by the U.S. institution.

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