Prepaid529 account owners have an important deadline coming up: May 19, 2017 is the deadline to submit the Prepaid529 Intent to Enroll for Fall 2017.
The Intent to Enroll advises Virginia529 of your student’s plans regarding his or her Prepaid529 benefit and is required when a student wishes to:
A) BEGIN using Prepaid529 at an eligible educational institution,
B) CHANGE the institution at which the student will be using Prepaid529,
C) STOP (including temporarily) using a Prepaid529 benefit, or *
D) WAIT to use a Prepaid529 benefit at a later time. *
* In examples C and D, Virginia529 will not distribute a Prepaid529 benefit until you submit another Intent to Enroll with new instructions.
If you already are using your Prepaid529 benefits and have no changes to the school authorized, then you do not need to submit a new Intent to Enroll.
Account owners with high school seniors should have received information about this process by email or U.S. mail. You may find the Intent to Enroll online.
Review the Prepaid529 Benefits Guide for more information.