After you have updated your Account and school of attendance for your beneficiary, you can obtain a Payment Authorization form online at pa529.com by clicking on “My Account”, selecting the “Guaranteed Savings Plan” and logging into your account. There will be a link for the Payment Authorization Form on the Account Overview link.
The Program will also automatically mail a Payment Authorization Form each fall and spring semester until your account has a zero balance.
Once you have the Payment Authorization Form, you would need to complete the applicable sections for your withdrawal. Each section will be labeled for a payment to the Account Owner, the school of attendance, or an optional payee such as the beneficiary or a landlord. Please only complete the sections for which you wish to make a payment and to whom you want the payment to go.
You must also attach a copy of the student’s itemized tuition bill.
You can fax your completed request to 617-559-2452 or mail it to:
PA Guaranteed Savings Plan
P.O. Box 55463
Boston, MA 02205
Please note that requests in good order may take up to 14 business days to process. For faster processing, please submit your request online by logging into your account.