Statements concerning educational funding

Assignment Help Financial Management

Reference no: EM131541044

All of the following statements concerning educational funding are correct EXCEPT:

A "QTPs allow individuals to participate in prepaid tuition plans whereby tuition credits are purchased for a designated beneficiary for payment or waiver of higher education expenses, or participate in savings plans whereby contributions of money are made to an account to eventually pay for higher education expenses of a designated beneficiary. "

B Prepaid Tuition Plans are plans where prepayment of college tuition is allowed at current prices for enrollment in the future.

C A Savings Plan is a type of QTP where the owner of the account contributes cash to the account so that the contributions can grow tax deferred.

D One of the disadvantages of QTPs is that the owner/contributor shares control of the account with the student/beneficiary.

Reference no: EM131541044

Questions Cloud

How does a municipal bond differ from a corporate bond : Why do state and local governments go into debt? What is a municipal bond? How does a municipal bond differ from a corporate bond?

How social media can used to manage disneyland marketing : Describe how Social media can be used to manage Disneyland's global marketing activities

What are sources for training in agile methodologies : How does a company that has not used agile methodologies before get that training? What are sources for training in agile methodologies is available?

Define thanatos from sigmund freuds perspective : Define Thanatos from Sigmund Freud's perspective. Explain how this concept could be applied to scientific phenomena.

Statements concerning educational funding : All of the following statements concerning educational funding are correct EXCEPT:

Utilizing the effective school survey : The effective school project must be completed by utilizing the effective school survey. Can you assist?

What do employers look for when hiring managers : What do employers look for when hiring managers? Do you consider yourself a good candidate?

What are the keys for dealing with a diverse classroom : Discussion Board Post- What are the keys for dealing with a diverse classroom and its range of abilities?

State the name of the bill you have chosen : State the name of the bill you have chosen and describe what it hopes to accomplish.What are some of the issues with this bill as it is written?

User Account

All Pages