60 days is the rule for moving between education accounts but for the I bond, I could only find Education savings bond program which did not list the 60 day rule. Since this is new, I imagine the courts will refine the rules.
For education expenses Pub 970 states:
Qualified education expenses.
These include the following items you pay for either yourself, your spouse, or a dependent.
Tuition and fees required to enroll at or attend an eligible educational institution. Qualified education expenses don't include expenses for room and board or for courses involving sports, games, or hobbies that aren't part of a degree or certificate-granting program.
Contributions to a qualified tuition program (QTP) (see How Much Can You Contribute in chapter 7).
Contributions to a Coverdell education savings account (ESA) (see Contributions in chapter 6).
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