Many states and financial services institutions offer 529 savings programs for families to save money for a child’s college education. Each entity has separate rules and regulations governing how funds may be used and how to have monies sent to Palm Beach Atlantic University.
Always check with your provider about how and when to request release of funds, as well as what documents, such as an electronic copy of the student’s bill, are needed. Our department does not bill 529 accounts directly, as the account owner typically requests that funds be sent directly to the university.
Instructions for Submitting 529 Payments to the University:
529 payments can be sent to Palm Beach Atlantic University in one of two ways: either by ACH wire transfer or by check.
- For payments by check:
Please make checks payable to Palm Beach Atlantic University and mail them to the following address. Be sure to include the student's ID number on the memo line of the check.
Palm Beach Atlantic University
Attn: Student Accounts
P.O. Box 24708
West Palm Beach, FL 33416-4708
Please use the following banking information to complete the wire transfer.
WIRE TRANSFER
A wire is a real-time method of transferring immediate funds and supporting information between two financial institutions. Wire transfers will be recorded on the account the next day. This method is ideal for international transfers.
Bank Name and Address: Bank of America
222 Lakeview Ave Ste 100
West Palm Beach, FL 33401
ABA # 026009593
Account # 00548-259-4896
Swift Code (for international transfers): BOFAUS3N
Reference: Student Name & ID Number
For wire information or problems, please call 1-800-729-9473.
ACH TRANSFERS
An ACH is essentially like making an electronic check payment. The funds are not always available to PBA the next day. ACH transfers are less expensive than wire transfers, but they take longer to be applied to the account. ACH transfers can only be done within the United States.
Bank Name and Address: Bank of America
222 Lakeview Ave
Ste 100
West Palm Beach, FL 33401
BA # 063100277 (within the US only)
Account # 00548-259-4896
Reference: Student Name & ID Number
For ACH information or problems, please call 1-800-285-2632