Pay Your College Tuition Bill with a 529 Plan
With a 529 College Savings Plan, the parent/student is able to access the funds and will need to initiate a payment to the College. Please visit your 529 plan’s website to see what information is required in order to process a withdrawal request. All 529 plans have different forms and request different documents. Parents and/or students must contact their 529 plan administrator directly and follow their procedures to process a withdrawal.
If your plan requires a copy of your bill as proof of qualified direct educational expenses, you can download a copy of the On-Demand Statement through the Student Account Suite, www.manhattan.edu/myaccount.
Housing and meal estimates for off-campus expenses are found on the Annual Tuition Costs section of our website, https://inside.manhattan.edu/offices/bursar/tuition-fees.php.
Please be sure to contact your 529 provider(s) at least ten business days prior to the tuition deadline date to ensure that the College receives your payment by the established deadline.
Checks should be made payable to Manhattan College and reference the student’s full name and nine (9) digit CWID.
Payments can be delievered in person at the cashiering desk, mailed or send via courier such as Fed Ex or UPS to:
Manhattan College Jasper Central
4513 Manhattan College Parkway
Bronx, NY 10471
If your 529 Plan will be sending funds electronically, utilizing a digital distribution option (electronic ACH) your plan administrator will need to email studentaccounts@manhattan.edu to request the details required to initiate the transfer.
New York's 529 College Savings Program
New York's 529 College Savings Program Direct Plan provides a flexible, convenient, and low-cost way to save for college. This Program features a variety of investment choices, tax-free withdrawals when used for qualified higher-education expenses*, and contributions that are tax-deductible (up to certain limits**) for New York State residents.
*Earnings on nonqualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. Tax and other benefits are contingent on meeting other requirements and certain withdrawals are subject to federal, state, and local taxes.
**Up to $10,000 is deductible from New York State taxable income for married couples filing jointly; single residents can deduct up to $5,000 annually. May be subject to recapture in certain circumstances - rollovers to another state's plan or non-qualified withdrawals.
New York’s 529 College Savings Program at www.nysaves.org will provide enrollment instructions, withdrawal information, forms and FAQs.
You may request a withdrawal of funds through www.nysaves.org under "NEED TO MAKE A WITHDRAWAL?". The Manhattan College federal school code – 002758 and the campus code – 00 will be required at the time of withdrawal.
There are two easy ways to request a withdrawal:
https://www.nysaves.org/home/make-withdrawals.html
- LOG ON, click on the account number, select "ASSET MANAGEMENT", then "MAKE A WITHDRAWAL". You will need to specify how much to withdraw and who should receive the funds (this is the fastest and easiest way to withdraw funds).
- Download the WITHDRAWAL REQUEST FORM, print, complete and mail. To avoid delays in withdrawals, please complete all the required information on the form.
Funds can be sent to the account holder, to the student beneficiary of your account or an eligible college or university.
The New York's 529 College Savings Program is not managed or administered by Manhattan College. If you have questions, concerns or comments regarding the program or the enrollment process, please direct them to the NY Saves administration at 1-877-NYSAVES (1-877-697-2837).
