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College and University Discussion
Reply to "529 plan—refund of room & board "
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[quote=Anonymous]My student came home from college to study online. They sent us a partial refund of room and board. I had already withdrawn the full amount paid from 529 plan. Do I have to return the money to the plan, or can I apply the room to “rent” at my house, and the board to the food I have to buy for the student? If not, can I apply funds to fall tuition?[/quote]
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