This page provides information on Internal Revenue Service (IRS) 529 Plan payments at UC Davis.
Please note: 529 Savings Plan payments apply to qualified education expenses posted on Aggie Bill only and cannot exceed the balance shown. All 529 Savings Plan payments are subject to the applicable returned check fee.
Students and/or parents should contact their 529 plan administrator directly and follow their process to make a withdrawal.
There are three ways to use a 529 Savings Plan account to complete an Aggie Bill payment:
Pay directly via Aggie Bill using the 529 Savings Plan option.
- Access the Aggie Bill portal.
- Select New 529 Savings Plan when making a payment or select Add payment method on the My Account page to save 529 Savings Plan information. The user will be required to select the payment plan name and enter their 529 Savings Plan account number. A new tab will open for the user to verify their account information. After setup, the 529 Savings Plan will display as a saved payment option on Aggie Bill. The payment will immediately reflect on Aggie Bill.
- A non-refundable, $10.00 per transaction fee applies to each 529 Savings Plan online payments.
- Please consult with your provider to ensure they use the appropriate payment method. If your 529 provider is not listed on the online enrollment portal, please coordinate with the 529 Savings Plan provider to send payment to University of California, Davis. If a mailed check payment is required, please ensure the provider follows the instructions below for Mailed Payment.
Complete a 529 Savings Plan Electronic Fund Transfer (EFT).
- If your 529 Savings Plan offers Electronic Fund Transfer (EFT), you can add your account details for disbursement via EFT.
- Please include your 9-digit numerical University Identification Number (UID). Select University of California, Davis.
- Some 529 providers assess a per transaction fee to each 529 Savings Plan online payment.
- 529 payments completed via EFT must be initiated at least three business days prior to a payment deadline/due date, by 11 a.m. (PT), in order to be processed by the corresponding date.
- 529 payments completed via EFT will not be delivered on weekends or holidays.
NOTE: Many 529 College Savings plans have a digital distribution option (electronic ACH) which saves time and improves transparency with real-time payment tracking. When requesting a withdrawal from your plan, check with your plan administrator to see if a digital distribution option is available.
Mail a check from your 529 Savings Plan account.
Please allow for sufficient time to process the payment and have it mailed to the university.
Make check payable to:
UC REGENTS
Check should be clearly marked with the student's name and UCD student ID number.
Mail check to:
UC Davis Payment Lockbox
PO Box 743168
Los Angeles, CA 90074-3168
Payment Posting
Payments from 529 plans are posted to the student account within one business day of receipt. For questions regarding a 529 plan payment, please contact Campus Cashiering at [email protected] or call (530) 752-0460.
Excess Distributions
If there is an excess distribution resulting in a credit balance on the student account, the credit balance will be refunded to the student. Please refer to Publication 970 and consult your tax advisor or 529 plan administrator regarding the excess funds and tax implications.