NEST account payments for student loans approved
Nebraska educational savings plan trust accounts may be used to repay student loans under a bill passed by lawmakers April 12.
![Sen. Tim Gragert](https://update.legislature.ne.gov/wp-content/uploads/2019/01/SenGragert_inline-200x300.jpg)
Under LB864, introduced by Sen. Tim Gragert of Creighton, accounts may be used to pay the principal and interest on the qualified education loan of a beneficiary or the beneficiary’s sibling.
The bill caps aggregate total payments at $10,000 per person.
LB864 passed on a vote of 47-0.
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