529 College Savings Plan
A 529 college savings plan is a specialized savings account used to save money for college. The money in a 529 plan may be used to pay for college expenses-tax free.
There are several ways for students to use the 529 funds. The student or beneficiary (parent account) may wish to contact their specific plan for details.
Log into Cash Net
Press "Make Payment" on the main BYU-I page to log into Cash Net
Go to Your Personal Account Summary
Once inside your account press "Add payment method"
Adding the Payment Plan
After pressing "add payment method" a pop up will appear on the right hand side of the screen with a drop down that has the option to add a "New 529 savings plan." Select this option.
Once selected, the screen will prompt you to add your account information. Once this information is saved it can be used as a payment method on your account to pay your fees.
If your plan is not listed in CashNet, the you will need to request a check be sent from the Savings Plan to BYU-Idaho. Checks will need to be made out BYU-Idaho and will be mailed to:
BYU-Idaho Cashiers Office
525 S. Center Street
Rexburg, ID 83460-1625
The Savings Plan check or payment, if mailed in, should contain information including Students Name and I Number. The payment, when received by the Cashiers Office, will be added to your personal account listed as 529 Educational Savings. From this account, profile money will be deposited to pay student account debts. If you have any questions or need access to the funds you should be call accounting services at 208-496-1411 for assistance.
Some 529 savings plans require an invoice to be submitted from BYUI Accounting Services. Some of these plans include, Florida Prepaid, Texas Tomorrow, Alabama Pact, Nevada Prepaid, Mississippi Prepaid, etc. If you need an invoice for 529 payments, call Accounting Services 208-496-1411.