With regards to the Qualified Tuition Program, which of the following is false? All students are designated beneficiaries of a QTP and distributions occurred in 2020. Ethan can take a distribution of up to $10,000 to pay down his student loan principal Grace can take a distribution of $6,500 to pay her student loan interest. John can take a distribution of up to $10,000 to help his stepbrother, Chris, pay student loan interest and/or principal Samantha can use up to $10,000 to help pay principal and/or interest on her cousin Frederick's student loan Mark for follow up