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Smart Savers Blog

Account Updates

Can I Put My College Refund Back into My 529 Plan?


Now that a number of schools are issuing refunds for Spring 2020 qualified higher education expenses, many account holders are asking: Can refunds can be redeposited into 529 accounts without penalty?

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Resources to help you learn

Virginia529 offers free, in-person information sessions at locations across Virginia. These hour-long sessions highlight the program’s three plans, explain the benefits to account owners and give you the chance to get your questions answered. If you don’t live near one of our in-person sessions, Virginia529 offers online webinars where you can learn more from the comfort of your own home.