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International Education and Your Savings

7/28/2016 |

True or false? Funds in a 529 education savings plan can be used for study at international institutions.

 

Answer: True.

You can use 529 funds for qualified education expenses at international schools that have been assigned a code for federal student aid by the U.S. Department of Education. For a list of approved international institutions and their codes, updated quarterly, visit the Federal Student Aid website.

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