Which of the following is true about a 504 plan?

A 504 plan is a formal plan developed to ensure that a child with a disability receives the accommodations and services needed in a school setting. The statement that it lasts a lifetime is accurate in the sense that the provision of a 504 plan can continue as long as the individual requires support, even after they leave the K-12 educational system. This ensures that students who had qualified for protections and accommodations under Section 504 of the Rehabilitation Act maintain those rights throughout their lives, adapting to their needs as they transition into post-secondary education and beyond.

In contrast, a 504 plan is not the same as an Individualized Education Program (IEP), which is specifically designed for students who qualify for special education services based on more severe disabilities. It is also incorrect to state that a 504 plan is only for temporary disabilities, as it can be applied to a range of disabilities that are either long-term or permanent. Additionally, while a 504 plan facilitates access to necessary accommodations, it does not provide extra funds to students, as funding is not a component of the plan itself.