While each 529, pre-pay account, and monetary fund will differ in their dispersal requirements, many of our past students have had a high level of success transferring those monies towards their Sea|mester tuition balance.
If you hold a 529 or college pre-pay plan and wish to use it for your Sea|mester voyage, please begin by calling the banking institution that holds the account and inform them of your intentions. Each institution has its own requirements, therefore they will inform you of what documents you will need from Sea|mester to proceed with the disbursements.
We have received payments from 529 plans in the past, and we do notice the rules vary from plan to plan. Sea|mester does not have a Federal School ID number and we do not issue a 1098-T form and all tuition is paid directly to Sea|mester. However, USF is our school of record and issues an official school transcript. For some plans, that seems to satisfy their requirement that it be for educational purposes, but you will want to check directly with your 529 plan manager to know for sure.
Please call us to discuss your specific account/fund and we can arm you with the required details to help with dispersal.