Mississippi Prepayment Agreement
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How to fill out Prepayment Agreement?
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FAQ
Prepaid tuition and fees . (for surety purposes) means the total of prepaid, unearned tuition and fee charges and fees paid by students but not yet earned by the institution, including debt incurred as a result of financial aid disbursements to the student.
With only a few exceptions, however, most prepaid tuition plans don't cover other expenses, such as room and board. Unlike 529 savings plans, most state prepaid tuition plans require either you or your child to be a resident of the state offering the plan when you apply.
529 prepaid tuition plans are a type of 529 plan where you can prepay your child's future college tuition and some other education expenses. Although they're more restrictive than 529 savings accounts, prepaid plans let you lock in tuition rates for the future, which could represent significant savings over time.
Tuition costs are on the rise. With a Mississippi Prepaid Affordable College Tuition Plan (MPACT), families can lock in tuition rates and prepay their child's tuition and fees.
Prepaid plans allow parents to lock in education costs in today's dollars, which can save them money in the long run. But these plans are also far more restrictive than 529 college savings plans, which can make them less appealing if you lack certainty about the future.
With MPACT, you prepay the cost of tuition and mandatory fees and protect against the future rise in college tuition. MPACT offers tuition plans for universities, community colleges, or a combination of the two.
tuition scholarship to Mississippi College is available for any undergraduate student admitted from the state of Mississippi. The Leland Speed scholarship is named in honor of the longestserving board member in MC's history. Speed, who died in 2021, was CEO of East Group Properties and Parkway Properties.