Mississippi Administrative Code
Title 38 - Treasurer
Part 3 - Mississippi Prepaid Affordable College Tuition Program (Horizon Contracts)
Chapter 13 - Refunds
Rule 38-3-13.5 - Refund in the Event Qualified Beneficiary Graduates With Unused Contract Hours

Universal Citation: MS Code of Rules 38-3-13.5
Current through September 24, 2024

If the Qualified Beneficiary achieves a baccalaureate degree in fewer than the maximum number of credit hours guaranteed under an MPACT Contract and/or in fewer than the number of academic terms for which payment of Mandatory Fees is guaranteed under the Contract, the Purchaser may request a refund of the Redemption Value as defined in Rule 5.1 AA. Such requests must be in writing and include appropriate written documentation, acceptable to the State Treasurer.

Miss. Code Ann. § 37-155-9 (Rev. 2003).

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