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College and University Discussion
Reply to "How to use 529 fund for college next fall?"
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[quote=Anonymous]I try to pay as many "official" bills with 529 so it can be direct. But once yr kid is living off-campus you may have to have the money sent to you and then you designate its use. I try to make it something easy to track like rent rather than books etc. If you want to use the max federal tax credit (I think it's lifetime learning or something like that) make sure you don't use 529 for that amount each year as you can't "double dip". I can't remember the details but I think it's 4k/yr that we pay from non-529 sources.[/quote]
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