College Gifting FAQ

Can people giving gifts to the beneficiary submit inquiries about the account? 

Can gifts be returned from my 529 account? 

What if I have questions about past gifts into the account? 

How can people make gifts into the account? 

Will there be taxes on gifts into the account? 

Do gifts account for my total 529 contribution limit? 

What if the beneficiary of the 529 does not use the money in the account? 

What happens if the beneficiary receives a partial scholarship? 

Can funds from an UGMA/UTMA account for the beneficiary be transferred to their 529? 

Can funds be rolled over from other education savings accounts? 

1 Please see the Offering Statement for a definition of eligible beneficiaries and eligible family members.

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