Mississippi Administrative Code
Title 38 - Treasurer
Part 2 - Mississippi Prepaid Affordable College Tuition Program (Legacy Contracts)
Chapter 11 - The MPACT Contract
Rule 38-2-11.6 - MPACT Contract Prices
New MPACT Contract prices will be established by the Board for each Enrollment Period. Contract prices will be based on actuarial assumptions recommended by the actuary and adopted by the Board regarding tuition rates and other relevant factors. MPACT Contract prices will not include the Application Processing Fee. The contract price may include a non-refundable Account Maintenance Fee in accordance with Rule 12.2.3.
After a Purchaser has entered into an MPACT Contract, the Contract price will not change, unless otherwise specified herein. Establishment of new prices for future MPACT Enrollment Periods will NOT affect or change the pricing of MPACT Contracts purchased during previous Enrollment Periods.
Miss. Code Ann. § 37-155-9 (Rev. 2003).