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529/Prepaid Tuition

How to request and apply funds from a 529 or prepaid tuition plan.

529 plan payments first apply to tuition charges, unless otherwise indicated. Please complete one of the applicable forms below to ensure that your funds are applied correctly:

2018-2019 Academic Year

2019-2020 Academic Year

Blank Academic Year

Examples of Completed Form

The completed form may be submitted via:

It is your responsibility to make sure funds are applied to the correct charges. After funds are applied, you have 2 weeks to request any changes through YMessage.

 

How and When Will I Receive My Money?

Funds must be requested to be transferred directly from your 529 plan. If you have questions on submitting the request and how much additional processing time it will add, please contact your 529 Plan. 

The average processing time is 2-3 weeks from the date the funds are mailed to BYU. To ensure timely processing of funds, please send funds at least one month prior to the start of the semester (holidays may delay processing). Funds are processed on a first-come-first-serve-basis. Processing will not be expedited due to late receipt of the funds. The Financial Aid Office does not hold classes.

Students are notified via Ymessage once funds have been received and processed. Due to the high volume of checks received, any request made to the Financial Aid Office to verify your funds have arrived will not be granted.

Funds received without identifying student information are returned immediately to the granting organization.

529 Plans can pay off the following charges: tuition, Book Store (for Undergraduates), and On-Campus Housing/Meal Plans (for Undergraduates). Additional charges would be paid off using any refunded monies.

If your agency requires verification, proof of attendance, financial needs analysis, or a statement of charges, please complete a Verification Request. If you have any questions, email BYU Verifications: verifications@byu.edu.

If your agency requires cost of attendance: please see Cost of Attendance.

Hand-delivered checks:

Hand-delivered checks are dropped off at the Enrollment Services windows by D-155 of the ASB. Enrollment Services will provide you with an envelope for you to fill out with the information needed to correctly apply the funds to your account. 

Please mail all checks to:

BYU Off-Campus Scholarships
A-41 ASB
Provo, UT 84602

 

Semester Housing Payment Breakdown

Housing payment deadlines are as follows:

Semester Housing Due
Fall (August to December) July-November
Winter (January-April) December-April
Spring (May-June) April-May
Summer (June-August) June-July

 

If you are sending your funds in early for the next semester, those funds will not release until the start of the semester.

Fall funds cannot be released before the start of the semester; however, Student Financials runs a report the first week of July to find students who have Housing and Meal plan payments pending for Fall Semester. They hand process each of these accounts to release funds early. It is performed weekly.

If there is an issue with the housing office and when the funds are released, both offices collaborate to make sure the student isn’t negatively impacted, especially those students who have sent their money in advance. 

 

Withdrawing

If you withdraw or cease enrollment, unless notified, we will still release the funds to the students account.

 

Study Abroad

529 payments are typically used as a reimbursement toward these fees since the due dates are earlier than the funds can be released (funds go toward tuition charges first and then you can use the reimbursement to pay for your international study abroad).

 

Independent Study/Continuing Education

529 funds may be used as reimbursement for previously paid for Independent Study or Continuing Education courses. To transfer funds to Independent Study or Continuing Education, please provide a written statement of approval from your 529 account holder and a letter listing the courses you wish to take (along with the fees). Funds are not released until we verify Independent Study enrollment. Please note that we can only accept the amount for your course(s) and materials. Any funds in excess of your course fees and materials will be returned to the granting organization.