Money Back to school: Are parents tapping college savings in 529 plans for private K-12 tuition? September 8, 2019 Janna Herron, USA TODAY Comments Off on Back to school: Are parents tapping college savings in 529 plans for private K-12 tuition? Withdrawals from 529 plans can now be used for private K-12 tuition instead of just college expenses. Have parents changed how they use the funds?