Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Fund Your Child's Dorm Room and Off-Campus Housing
Episode 98 of The College Savings Podcast tackles a practical question: can you use 529 plan funds to pay for your child's dorm room or off-campus apartment? Lucas and Luna break down the IRS rules on qualified room and board expenses, how the cost of attendance at a college sets the ceiling, and why paying rent directly to a landlord works differently than paying the school's housing bill. They walk through a concrete example using the University of Michigan's 2025-2026 cost of attendance figures and discuss common pitfalls like over-withdrawing or using receipts for…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.