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Smart Savers Blog

Pros and cons of using Virginia529 prePAID for summer sessions

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Summer will be here before we know it! With the nice weather comes the option for summer sessions at colleges and universities.

Taking courses over the summer can make a big difference. Classes are smaller and can be more relaxed, which make this a great option for those looking to get ahead in their academic career. However, summer semesters often provide less “bang for your buck,” with fewer available classes and a more compressed schedule.

Before using Virginia529 prePAID to fund a summer session, consider the difference in credits earned versus a traditional fall or spring semester. If it will pay off, that’s great! If not, you may instead consider paying out of pocket or using funds from a 529 savings account such as Virginia529 inVEST.


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.