38 Miss. Code. R. 2-15.5

Current through October 31, 2024
Rule 38-2-15.5 - Refund if the Beneficiary Matriculates in a Military College or University

In the event the MPACT Contract Beneficiary matriculates in one of the U.S. Government sanctioned military academies listed below, such that tuition and Mandatory Fees are not charged, the Purchaser will receive a refund equal to the sum of all MPACT Contract payments paid to date, excluding all Administrative Fees, minus any amount paid by the Trust Fund to Postsecondary Institutions on behalf of the Qualified Beneficiary, with such net amounts adjusted to reflect the increase in Current Tuition Value over the period from the purchase of the MPACT Contract to the date the refund calculation is made.. A Request for a refund should be submitted within sixty (60) days of the Beneficiary's enrollment in the military college or university and must be accompanied by written documentation, deemed acceptable by the State Treasurer, evidencing enrollment. Otherwise, the refund provisions of Rule 15.8 may apply. The provisions herein apply to attendance at any one of the following military academies: The United States Air Force Academy in Colorado Springs, Colorado; The United States Naval Academy in Annapolis, Maryland; The United States Military Academy at West Point, New York; The United States Merchant Marine Academy at Kings Point, New York; or, The United States Coast Guard Academy in New London, Connecticut

38 Miss. Code. R. 2-15.5

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