ST Alpha - "Weird. I said yesterday I sent off the total from our 529 plan to the school. I realized today that they did not deduct his scholarship from the bill" (Reading a Post)

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Weird. I said yesterday I sent off the total from our 529 plan to the school. I realized today that they did not deduct his scholarship from the bill

Posted by oblique (aka kkuphal) Jul 20 '21, 06:34

so the $8700 I sent for the $12k bill is actually supposed to be about $4k. That means also, presumably, if he has another "part time" semester (which my son says is true - he only needs 23 credit hours over 2 semesters to graduate) then his next bill will be about $4k also. So really, instead of his fund running out this semester, it will cover his entire cost of college.

Holy crap.

Responses:

Hold the phone. It looks like because he is registered for 11 hours that his scholarship requires "full time" registration of at least 12 - oblique Jul 20, 06:43 5
- FWIW: in the long long ago when I was in college, seniors who didn't need the hours could go under and still be full-time - Baron of the Rings Jul 20, 06:53 1
  - Interesting. Seems like he might be in that boat. I'll definitely check on that when the times comes. -- nm - oblique Jul 20, 06:55
- Underwater basket weaving here we come! -- nm - spamlet Jul 20, 06:44
- Dammit. -- nm - mara Jul 20, 06:44 1
  - Heh. Apparently via the school he already added a credit hour so they refreshed his bill - oblique Jul 20, 06:49
Time to pop some tags! -- nm - Baron of the Rings Jul 20, 06:42
Very nice! -- nm - Krusty Jul 20, 06:39
DonHomer -- nm - Beaker Jul 20, 06:37
Nice! -- nm - znufrii Jul 20, 06:35 4
- Also, *nervously checks A’s 529 balance* -- nm* - znufrii Jul 20, 06:39 3
  - Our in-laws contributed about a semester's worth of money to both my kids via CDs. In retrospect, I should have had them contributing to our 529 - oblique Jul 20, 06:46 2
    - At least they were able to help :) - znufrii Jul 20, 06:58 1
      - true true. Very thankful for their generosity. I just hate leaving earnings on the table :) -- nm - oblique Jul 20, 07:00
Great news! -- nm - mara Jul 20, 06:35

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Weird. I said yesterday I sent off the total from our 529 plan to the school. I realized today that they did not deduct his scholarship from the bill

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