Which of the following does a prepaid tuition plan NOT cover? Tuition and fees Computer and peripherals Books and supplies Room and board costs

A prepaid tuition plan is a financial arrangement that allows individuals to pay for future college tuition at current rates. These plans are typically designed to help families manage the cost of education by locking in tuition rates, which can protect against future tuition increases. The options provided in the question are:<br /><br />1. Tuition and fees: Prepaid tuition plans usually cover the cost of tuition and mandatory fees. This is the primary purpose of such plans.<br />2. Computer and peripherals: While some education savings plans might cover the cost of a computer and peripherals, prepaid tuition plans typically do not. These plans are focused on covering the direct costs of education.<br />3. Books and supplies: Similar to computers, books and supplies might be covered under some education savings plans but are generally not included in prepaid tuition plans.<br />4. Room and board costs: Prepaid tuition plans do not typically cover room and board costs. These costs are usually considered separate from tuition and are not covered by prepaid tuition plans.<br /><br />Given these considerations, the option that a prepaid tuition plan does NOT cover is 'Computer and peripherals' or 'Books and supplies', but the most accurate answer is 'Room and board costs' as it is distinctly separate from tuition and fees, which are the primary focus of prepaid tuition plans.