Flight School Now Accepts 529 Savings Payments

Epic Flight Academy, in New Smyrna Beach, Florida, can now accept payments from 529 education savings plans for qualifying educational expenses in eligible aviation training programs, including its flight training and aircraft mechanic training programs.

Students enrolled in eligible FAA Part 141 programs may be able to use 529 funds for qualifying expenses, including tuition and required fees, flight and ground instruction, aircraft or simulator training, books and training materials, examinations and testing fees, and supplies or equipment.

Students enrolled in eligible FAA Part 147 aircraft mechanic programs may be able to use 529 funds for qualifying expenses, including tuition and program fees, books and instructional materials, tools, supplies and equipment, and examination and testing fees. Epic Flight Academy does not accept or apply 529 funds toward housing or personal living expenses.

"Parents have frequently reached out inquiring about 529 plans, so we are happy to be able to accept payment from these plans now," said director of education, Cindy Lovell. "This offers another option for students who seek vocational and technical training in the field of aviation. Epic does not give financial or tax advice. Students and parents should contact their CPA or 529 plan administrator for guidance."