529 College Savings Plans
A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. Learn about saving for College: An Introduction to 529 Plans.
Am I Eligible?
The University of Toronto is a Title IV eligible institution that participates in the William D. Ford Federal Direct Loan student aid program administered by the U.S. Department of Education.
For ineligible programs refer to “William D. Ford Federal Direct Loan Program – Ineligible Programs/Institutions”. There may be a penalty for withdrawing funds for an ineligible program. General questions regarding administration, withdrawals and any penalties should be directed to your 529 College Savings plan administrator.
Students registered at ineligible colleges (St. Michael’s, Trinity or Victoria) should contact the college registrar’s office to request a transfer to an eligible college.
How Do I Apply?
How to Pay My Tuition with Other 529 College Savings Plans
If you require a Confirmation of Enrolment/Registration letter or form, contact your registrar’s office to request. A small administrative fee may be charged. You should plan sufficient time to arrange to pay your fees by the payment deadlines for each session.