The Application Fees Act lets families pay college application fees using money from 529 savings plans, making it easier to afford college applications.
If you have a 529 plan, you can now use it to pay for college application fees.
Who this affects
Families saving for college
What changes is this bill making?
1This bill allows families to use 529 plans for college application fees.
2It adds application fees to the list of eligible expenses for 529 plans.
3The change helps students cover costs when applying to colleges.
4It applies to distributions made after the bill is enacted.
