Qualified Distributions. In general, a qualified distribution is any distribution that is used to pay for the qualified higher education expenses (see below) of a designated beneficiary at an Eligible Institution of Higher Education.
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Sources: Usaa 529 College Savings Plan Description and Participation Agreement, Usaa 529 College Savings Plan Description and Participation Agreement
Qualified Distributions. In general, a qualified distribution is any distribution that is used to pay for the qualified higher education expenses Qualified Higher Education Ex- penses (see below) of a designated beneficiary at an Eligible Institution Educational Institution, K-12 Education Expenses, Apprenticeship Program Expenses, and amounts paid as principal or inter- est on any qualified education loan of Higher Educationthe beneficiary or a sibling of the ben- eficiary (up to a $10,000 lifetime cap per individual).
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