Designated beneficiary
The term “designated beneficiary” means—
(A)#
the individual designated at the commencement of participation in the qualified tuition program as the beneficiary of amounts paid (or to be paid) to the program,
(B)#
in the case of a change in beneficiaries described in subsection (c)(3)(C), the individual who is the new beneficiary, and
(C)#
in the case of an interest in a qualified tuition program purchased by a State or local government (or agency or instrumentality thereof) or an organization described in section 501(c)(3) and exempt from taxation under section 501(a) as part of a scholarship program operated by such government or organization, the individual receiving such interest as a scholarship.