529 saving plan & International Schools

richchch 2002-08-21 11:15:00 UTC #1

I need to know if a 529 saving plan can be used to fund an International (outside the US) university education?

If there's a list of approved international schools, where could I find it?

tjb_nc 2002-08-22 09:49:00 UTC #2

Qualified withdrawals are allowed if the institution is an eligible institution, regardless of location.

                     IRC Section 529 defines eligible institutions:
                     "529(e)(5) ELIGIBLE EDUCATIONAL INSTITUTION.--The term "eligible educational institution" means an
                     institution--

                     529(e)(5)(A) which is described in section 481 of the Higher Education Act of 1965 (20 U.S.C. 1088), as in
                     effect on the date of the enactment of this paragraph, and

                     529(e)(5)(B) which is eligible to participate in a program under title IV of such Act."

                     You need to check the Dept. of Education lookup list for specific institutions.

                     Hope this helps.

                     TJ

wjgeorge 2002-08-26 16:11:00 UTC #3

TJ,

I have searched the Department of Education's website for this lookup list but cannot find it. The closest thing I could find was the Federal School Code Search (http://www.fafsa.ed.gov/fotw0203/fslookup.htm), but it only lists US schools and a few in small Pacific island nations.

Do you have the URL for the look up list?

Thanks -
Jason

tjb_nc 2002-08-26 16:21:00 UTC #4

Try: [URL=http://www.fafsa.ed.gov/fotw0203/fslookup.htm[/URL]

Which is the one I see you did try. Try a board search, and you should be able to fine it - it has been posted here a number of times.

[This message has been edited by tjb_nc (edited August 26, 2002).]

user_1210 2002-08-27 13:05:00 UTC #5

http://www.fafsa.ed.gov/fotw0203/fslookup.htm is the correct site. Where it asks for the location, select "foreign country".

wjgeorge 2002-08-27 14:28:00 UTC #6

Thanks...I didn't see "Foreign Country" buried in the list of states. I had rather expected it to be either at the beginning or end of the list of states and not sandwiched between District of Columbia and Florida.

Again, many thanks.

Jason

ajaypai1971 2017-08-05 21:50:27 UTC #7

https://www.irs.gov/individuals/eligible-educational-inst

that should help?