Mississippi Prepaid Affordable College Tuition Program Annual Actuarial and Financial Reports
Mississippi Office of the State Treasurer
Annual Actuarial and Financial Reports
The Mississippi Prepaid Affordable College Tuition (MPACT) program was created by the state legislature in 1997 to help families save money to pay for their children's tuition at Mississippi's public two and four year colleges and universities. In 2001, the legislature created a complementary savings program, the Mississippi Affordable College Savings (MACS) program, to help families save for other costs related to college, such as textbooks and room and board. Together, MPACT and MACS make up the College Savings Plan of Mississippi, which is administered by the Office of the State Treasurer. Annual actuarial and financial reports for the MPACT program include independent auditors' reports, balance sheets, indications of cash flow, statements of revenue, and other related documentation. The State Treasurer compiles a financial report each fiscal year (July–June). The Department of Archives and History has electronic (PDF) reports from 1997 onward. Paper copies of the 2000-2002 and 2004 reports are also available.