The happenings "inside" the Wisconsin State Treasury and across the street at the State Capitol

FAQ: What if an EdVest beneficiary receives a scholarship?

In the event that a scholarship or grant is awarded to the designated beneficiary, including nontaxable grants, then funds from the EdVest account (up to the amount of the scholarship) can be returned to the account owner penalty free.

Note: Please keep a proof of receipt of the scholarship for the account owners tax records.

For more information on EdVest, click here!


7 responses

  1. Pingback: FAQ: What are the benefits of EdVest? « wistatetreasury

  2. Pingback: FAQ: What are the WI State benefits with EdVest? « wistatetreasury

  3. Pingback: FAQ: How can money from an EdVest account be used? « wistatetreasury

  4. Pingback: FAQ: Who can open an EdVest account? « wistatetreasury

  5. Pingback: FAQ: Does EdVest have a flexible contribution option? « wistatetreasury

  6. Pingback: FAQ: Can I transfer assets from another account into EdVest? « wistatetreasury

  7. Pingback: FAQ: How can I stay up to date on my EdVest account? « wistatetreasury

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