Mississippi Administrative Code
Title 38 - Treasurer
Part 3 - Mississippi Prepaid Affordable College Tuition Program (Horizon Contracts)
Chapter 9 - The MPACT Contract
Rule 38-3-9.17 - Transfers Between Senior and Junior College Plans
If a Beneficiary under a junior college plan elects to attend a university or senior college, the MPACT Program will convert the community college hours into university hours based on the then current relative costs and pay the Tuition. This results in fewer hours on the Contract but enables the Program to pay university Tuition until benefits are exhausted.
If a Beneficiary under a university or senior college plan elects to attend a junior or community college, the Purchaser may request a refund of the difference between the amount actually paid by MPACT to the junior or community college and the weighted average Tuition and Mandatory Fees at Mississippi's public universities in that year.
Miss. Code Ann. § 37-155-9 (Rev. 2003), § 37-155-11.