If the beneficiary has a disability, certain special needs services and equipment needed for enrollment or attendance may qualify.Now account owners can reimburse themselves for a laptop and printer without a worry. This is a recent change from the 2015 PATH Act for the benefit of 529 account owners, whereas previously the school had to specifically require these items. Computers, peripheral equipment, computer software, and internet access charges are all considered qualified expenses.The beneficiary must be enrolled at least half-time for room and board expenses to qualify regardless of whether they are on- or off-campus. So, if the total cost living off-campus exceeds the school’s allowance, the student would have to pay the difference using funds from another source. To be considered qualified, these costs must be less than or equal to the room and board allowance from the college’s cost of attendance figures (provided by the school example) or the actual amount charged by the school if living in on-campus housing. Room and board, which includes the costs of rent (whether living on or off-campus), and food.If a fee is not required by the school, such as drama club fees, it would be considered non-qualified. They are grouped because these are all expenses that must be required by the school for enrollment or attendance at the institution. Tuition, fees, books, supplies, and equipment are all qualified expenses.
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