Qualified higher education expenses (as defined in Section 529 of the Internal Revenue Code) include:

  • tuition, fees, books, supplies, and equipment required for enrollment or attendance of a Designated Beneficiary at an Eligible Educational Institution;
  • certain room and board expenses incurred by students who are enrolled at least half-time. The expense for room and board qualifies only to the extent that it is not more than the greater of the following two amounts:
    1. The allowance for room and board, as determined by the Eligible Educational Institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student;
    2. The actual amount charged if the student is residing in housing owned or operated by the Eligible Educational Institution;
  • expenses for special needs services incurred in connection with a special needs Designated Beneficiary’s enrollment or attendance at an Eligible Educational Institution;
  • expenses for the purchase of computer or certain peripheral equipment, computer software, or Internet access and related services, if such equipment, software, or services are to be used primarily by the Designated Beneficiary during any of the years the Designated Beneficiary is enrolled at an Eligible Educational Institution. This does not include expenses for computer software for sports, games, or hobbies unless the software is predominately educational in nature;
  • tuition, fees, books, supplies, and equipment required for participation of the Designated Beneficiary in an Apprenticeship Program;
  • payments on Qualified Education Loans of the Designated Beneficiary or a sibling of the Designated Beneficiary provided that the total amounts of distributions from all 529 qualified tuition programs to such individual for loan repayment do not exceed $10,000;
  • Qualified Elementary and Secondary Expenses (tuition and certain other expenses) in connection with the Designated Beneficiary’s enrollment or attendance at an elementary or secondary public, private or religious school, subject to an annual $20,000 per Designated Beneficiary limit; and
  • Qualified Postsecondary Credentialing Expenses.