A prepaid tuition plan does not include
A) Locking into prices at eligible and public and private colleges and universities
B) State plans guaranteed or backed by the state
C) Age/grade limits for the beneficiary
D) Open enrollment all year

Question

Quizplus · Accepted Answer

A prepaid tuition plan typically involves locking into prices at eligible public and private colleges and universities and may be guaranteed or backed by the state. Age/grade limits for the beneficiary may vary depending on the plan. However, enrollment periods may be limited or restricted and may not be open year-round. Therefore, the only option that does not typically apply to prepaid tuition plans is D - open enrollment all year.

A Prepaid Tuition Plan Does Not Include