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Smart Savers Blog

Prepaid529 for summer sessions

College class

Is your college student considering a class during a summer session? Before using Prepaid529 for the class’s tuition, consider the difference in credits earned in the shorter session versus a fall or spring semester. Since students usually take a lighter course load in summer, this use of benefits requires only a portion of a Prepaid529 semester. However, this could result in a potential shortfall of benefits at the end of the student’s academic career. Instead, consider paying out of pocket or using funds from a 529 savings account such as Invest529. If you decide to use a portion of Prepaid529 for a summer session, submit an Intent to Enroll form to direct Virginia529 appropriately.

Prepaid529 Invest529 Intent to Enroll

Resources to help you learn

Frequently Asked Questions

Find answers to the most common questions about 529 plans.

Smart Savers Academy

Tune in to a live episode and ask questions of the presenter, or watch a previously recorded webinar below.

Invest529 Portfolio Performance

Review and compare historical returns of Invest529 portfolios.