Thanks for the reply. After I posted that, I did a little more
digging. (The site for our 529 was down and is back up.) Here is
what it said specifically on the FAQ page:
"Do I have to use my savings at a Pennsylvania college or university?
No. The money in your Investment Plan account may be used at any
eligible higher education institution in the United States and abroad
that qualifies under federal guidelines. This includes most public and
private colleges and universities, graduate and postgraduate schools,
community colleges, and certain proprietary and vocational schools. "
Thanks again.
On Jan 27, 9:03=A0am, Steve Blank <st...@[EMAIL PROTECTED]
> wrote:
> You are not locked in to that state. The funds can be used for a college
> =A0 in any state.
>
> Direct-Sold is just a term indicating that the 529 College Savings Plan
> is sold directly by the program, rather than through a broker (with
> possibly higher fees). Some have restrictions on who may purchase
> through Direct-Sold, such as being a resident of that state.
>
> Steven B. Blank
> College Financial Aid Consultants
> 29 Ives Hill Court
> Che****re, CT 06410
> (203)250-7761
>
> On 1/27/2008 7:29 AM, seven_percent wrote:
>
>
>
> > When you invest in the Direct-Sold plan of one state, are your
> > children able to attend college in other states or are they locked-in
> > to only the colleges for that state? =A0-Or- does it depend on the
> > details of the plan; i.e. are all plans different in this way?- Hide
quo=
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>
> - Show quoted text -
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