Answer
Please be sure all information and payments are sent to the Student Financial Service office and NOT to the Bursar Office to avoid a delay in the processing of these funds.
A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. Students should list the 529 Plan amount in the under investments in the asset section of the FAFSA if the 529 Plan is in the name of the student or the dependent student's parent. It may be necessary for SAIC to adjust a student FAFSA and their award package to meet federal, state, and institutional awarding policies. A 529 Plan payment will be applied as a payment on the student's account. 529 College Savings Plan Processing Instructions are available at www.saic.edu/529. Students using a 529 College Savings Plan to pay for educational expenses should notify Student Financial Services prior to the beginning of the semester. Payments and correspondence should be sent to:
The School of the Art Institute of Chicago
Attn: 529 Administrator
Student Financial Services
36 S. Wabash Ave., suite 1200,
Chicago, IL 60603
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article