When most people think of a 529 plan, they think of one thing: college tuition. While paying for tuition remains a cornerstone benefit, there’s so much more these funds can do. NEST 529 Education Savings Plan accounts offer a wide array of qualified uses, giving families the power to customize how they support their loved ones’ educational journeys.
Two-Year, Four-Year, and Trade Schools
Of course, college tuition remains a qualified expense, whether for a two-year community college, a four-year public or private university, or even eligible international institutions. But NEST 529 funds also cover trade schools, technical colleges, and vocational programs, ideal for students pursuing hands-on careers in industries like welding, plumbing, cosmetology, culinary arts, and more.
Apprenticeship Programs
NEST 529 Education Savings accounts can also be applied to expenses related to registered apprenticeship programs. That includes tuition, fees, books, and supplies required for participation, another great option for those following non-traditional educational routes.
Room and Board
If your student is enrolled at least half-time in an eligible institution, NEST 529 Education Savings Plan accounts can help cover room and board expenses, whether your student lives in on-campus housing or off-campus accommodations.
Books, Supplies, and Technology
Think beyond tuition: course-required textbooks, lab supplies, software, computers, internet access, and printers are all considered qualified expenses. As technology continues to evolve, having a NEST 529 Education Savings Plan account can help you adjust to those needs, making it a huge advantage.
Graduate and Continuing Education
NEST 529 Education Savings Plans are not just for high school grads. Funds can be used to cover graduate school tuition, professional certification programs, and even continuing education for career advancement. That means your account can grow with your child or even be used by the account owner to go back to school.
Student Loan Repayment
And, up to $10,000 of NEST 529 Education Savings funds can be used to repay a beneficiary’s or a beneficiary’s sibling’s qualified education loans.
Flexibility That Adapts with You
Life rarely follows a straight path, and your education savings shouldn’t have to either. With a NEST 529 Education Savings account, you gain the financial flexibility to support a broad range of educational goals. Whether your child dreams of attending art school, becoming an electrician, or pursuing a master’s degree, NEST 529 is designed to help make those dreams affordable and achievable.
To learn more about eligible expenses or to open an account, visit NEST529.com.