{"id":851,"date":"2026-11-04T14:54:13","date_gmt":"2026-11-04T20:54:13","guid":{"rendered":"https:\/\/blogs.uww.edu\/financialliteracycenter\/?p=851"},"modified":"2026-11-04T14:54:13","modified_gmt":"2026-11-04T20:54:13","slug":"can-my-529-plan-fund-my-study-abroad-program","status":"publish","type":"post","link":"https:\/\/blogs.uww.edu\/financialliteracycenter\/2026\/11\/04\/can-my-529-plan-fund-my-study-abroad-program\/","title":{"rendered":"Can my 529 Plan Fund my Study Abroad Program?\u00a0"},"content":{"rendered":"\n<p>Whether you are traveling to France, or traveling to Germany, funding your experience is always a priority. Costs associated with studying abroad include tuition, program fees, airfare, housing, meals, transportation, travel insurance, passports, visas, textbooks, personal expenses, and travel or entertainment.&nbsp;<\/p>\n\n\n\n<p>If you were wondering if your 529 education savings account can fund these costs, this article is for you!&nbsp;<\/p>\n\n\n\n<p>Good news, assuming your study abroad institution is eligible for federal student aid, then your 529 can support your experience for qualifying expenses. Wait, what is a qualified expense?&nbsp;<\/p>\n\n\n\n<p>Qualified Expenses:&nbsp;<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Tuition and mandatory fees\u00a0\u00a0<\/li>\n\n\n\n<li>Book supplies and equipment\u00a0<\/li>\n\n\n\n<li>Room and Board\u00a0 \n<ul class=\"wp-block-list\">\n<li> Room and Board can be a qualified expense, up to the amount in which you would pay at your current college institution (in the U.S.)\u00a0<\/li>\n\n\n\n<li>Example: If my room and board at UW-Whitewater was $2,000 last semester, then the 529 would cover $2,000 room and board when studying abroad (for the semester).\u00a0<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\"><\/ol>\n\n\n\n<p>More Information about 529s:\u00a0<\/p>\n\n\n\n<ul start=\"3\" class=\"wp-block-list\"><\/ul>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Your 529 grows tax-free\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\"><\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li>Withdrawals to your 529 is tax-free (if it is a qualified expense)\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li>Many states offer tax deduction for 529 plans\u00a0<\/li>\n<\/ol>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li>If the original beneficiary no longer needs the funds, the account owner can designate a new qualified beneficiary without tax penalties, if the new beneficiary is a family member\u00a0\u00a0<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Whether you are traveling to France, or traveling to Germany, funding your experience is always a priority. Costs associated with studying abroad include tuition, program fees, airfare, housing, meals, transportation, travel insurance, passports, visas, textbooks, personal expenses, and travel or entertainment.&nbsp; If you were wondering if your 529 education savings account can fund these costs, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.uww.edu\/financialliteracycenter\/2026\/11\/04\/can-my-529-plan-fund-my-study-abroad-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Can my 529 Plan Fund my Study Abroad Program?\u00a0&#8220;<\/span><\/a><\/p>\n","protected":false},"author":18041,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-851","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts\/851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/users\/18041"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/comments?post=851"}],"version-history":[{"count":1,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts\/851\/revisions"}],"predecessor-version":[{"id":852,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/posts\/851\/revisions\/852"}],"wp:attachment":[{"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/media?parent=851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/categories?post=851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.uww.edu\/financialliteracycenter\/wp-json\/wp\/v2\/tags?post=851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}