### Question
How does Exempt Organizations define qualified tuition program?


### Answer
Under *26 U.S.C. § 529*, **qualified tuition program** is defined as:

> a program established and maintained by a State or agency or instrumentality thereof or by 1 or more eligible educational institutions—


(A) under which a person—


(i) may purchase tuition credits or certificates on behalf of a designated beneficiary which entitle the beneficiary to the waiver or payment of qualified higher education expenses of the beneficiary, or


(ii) in the case of a program established and maintained by a State or agency or instrumentality thereof, may make contributions to an account which is established for the purpose of meeting the qualified higher education expenses of the designated beneficiary of the account, and


  

(B) which meets the other requirements of this subsection

#### Citation:
  - *26 U.S.C. § 529*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter F-Exempt Organizations > PART VIII-HIGHER EDUCATION SAVINGS ENTITIES**

