We have the information you need to help you to take a distribution quickly and securely from your Franklin Templeton 529 account. Com or fax in the request to (201) 839-4512.How can I withdraw money? Walk into the local branch of your bank, fill out a withdrawal slip, present the slip and ID to the teller. Students who receive federal financial aid and completely or partially withdraw during a trimester will be subject to a recalculation of funds awarded. Private Mortgage Insurance Certificate - Copy (if applicable). FNMA, if private mortgage insurance is required.