Which of the Following Statements Is Not Correct

Which of the following statements is not correct?

A) The American Opportunity credit and the lifetime learning credit are both phased out at different levels of adjusted gross income.
B) Expenses paid for room and board do not qualify.
C) Taxpayers can take both the American Opportunity credit and the lifetime learning credit for the same student in the same year.
D) The persons who claim the students as dependents can claim the educational credit.
E) All the statements are correct.