11. 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.