91视频 529 Common Questions: Scholarships
Common Question: What if my child has an 91视频 529 account and receives a scholarship?
Congratulations to them! There are several options if you have more funds in you account than you need. Keep the following in mind as you plan:
- You can use the 91视频 529 account for qualified expenses not covered by the scholarship.
- Save the account for future education expenses, such as a graduate program.
- You can change the beneficiary on the 91视频 529 account to an eligible family member.
- Request distributions up to the amount of the scholarship penalty-free.