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529 Savings Program

Many states and financial services institutions offer 529 savings programs for families to save money for a child’s college education.  Each entity has separate rules and regulations governing how funds may be used and how to have monies sent to Temple.  Always check with your provider about how and when to request release of funds, as well as what documents, such as an electronic copy of the student’s bill, are needed. 

 

PA 529 College Savings Program

The Commonwealth of Pennsylvania offers two college savings programs that can be used to pay for tuition and fees:

  • PA 529 Guaranteed Savings Plan (GSP)
  • PA 529 Investment Plan (IP)

If you participate in either the Guaranteed Savings Plan or Investment Plan programs, you must first contact the program to request that a payment be issued to Temple University.  You should always provide a copy of your tuition bill when making your request.  Please note that payments from your program accounts may take up to ten (10) business days after the program approves your request before the funds are issued to and received by Temple University.

 

Learn more about the features and benefits and read important disclosures about Pennsylvania 529 College Savings programs.

 

Sending Payments from Other States’ 529 Plans

Payments from most 529 plan providers (exceptions listed below) should be mailed to:

            Temple University

            Office of the Bursar – 529 Processing

            1803 N. Broad Street, 115 Carnell Hall

            Philadelphia, PA  19122

 

Payments coming from state 529 plans in Alabama, Illinois, Mississippi, Texas and Virginia should be send to:

            Temple University

            Office of Credit and Collections – Third Party Billing

            1803 N. Broad Street, 216 Carnell Hall

            Philadelphia, PA  19122

Providers must include the student’s name and TUid number to insure timely processing.  Please allow up to ten (10) business days from the date that your provider sends payment for receipt and processing by Temple.