Future Scholar Blog

June 3, 2024

Future Scholar Tuition Tips: Exciting News about New School Payment Options

We’re excited to announce new school payment options are now available online!

Future Scholar knows it’s important for you to have fast, secure, and flexible options when making school payments from your 529 savings plan. We want to make you aware of three new online school payment options that may help with your next withdrawal.

Direct Electronic Payment: You can now make electronic payments to participating colleges and universities directly from your Future Scholar 529 Plan account.

K-12 Check Payment: You can now request check payments to a network of participating K-12 schools online.

Expedited School Check Payment: You can now request expedited mail delivery of a check payment to a school online.

Below is the updated list of all available withdrawal options. Please note, as long as the funds you are withdrawing are being used to pay for qualified educational expenses, there will be no tax implications for the withdrawal.

*Convenience fee charged by the service provider.

If you have any questions regarding these new online withdrawal options, our customer service team is here to help. Please call 888.244.5674 Monday through Friday, from 8 a.m. to 7 p.m. ET.

Ready to
get started?

Once you’ve enrolled in Future Scholar, it’s easy to make a contribution. Anyone, including parents, grandparents, or other family and friends, can contribute.

Enroll Gifts

Subscribe to our mailing list

Contact Us

888.244.5674
Monday - Friday
8am - 7pm (EST)

Future Scholar 529 Plan
PO Box 219812
Kansas City, MO 64121-9812

Not FDIC InsuredNo Bank GuaranteeMay Lose Value

Click to expand full legal disclosure

Investing involves risk including the risk of loss of principal. Please consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial advisor or visit futurescholar.com for a Direct Plan Program Description, which contains this and other important information about the Future Scholar 529 College Savings Plan. Read it carefully before investing. You should also consider, before investing, whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds and protection from creditors that are only available for investments in such state's qualified tuition program.

Tax treatment varies by state. The tax information set forth on this website is general in nature and does not constitute tax advice on the part of Columbia Management Investment Distributors, Inc., its affiliates or the South Carolina Office of State Treasurer. Please contact your tax advisor before making any tax related decisions.

The Direct Plan is sold directly by the Program and is limited to a specific group of investors, as described in the Program Description . You may also participate in the Advisor Plan, which is sold exclusively through financial advisors. The Advisor Plan offers additional investment choices, but the fees and expenses are higher. Please contact your financial advisor for additional information on the Advisor Plan.

The Office of State Treasurer of South Carolina (the State Treasurer) administers the Program and has selected Columbia Management Investment Advisers, LLC and Columbia Management Investment Distributors, Inc. (Columbia Management) as Program Manager. Columbia Management and its affiliates are responsible for providing certain administrative, recordkeeping and investment services, and for the marketing of the Program. Columbia Management is not affiliated with the State Treasurer.