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What college costs does the Florida 529 Savings Plan cover?

A Florida 529 Savings Plan can be used to pay for any Qualified Higher Education Expense as defined in Section 529 of the federal tax code. They include: Tuition; Fees; Room and board expenses during an academic period in which the student is enrolled at least half-time in a degree, certificate or other program that leads to a recognized educational credential awarded by an Eligible Educational Institution; Textbooks, supplies and equipment required for enrollment or attendance; Computers, peripheral equipment, software and internet service primarily used by the student; and Special needs services incurred in connection with enrollment or attendance. You can withdraw and use the funds for other purposes, but doing so may have tax consequences.


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