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State treasurer rebrands Mississippi’s college savings program

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The state of Mississippi’s college savings program has been rebranded to include individuals who pursue career training following their time in high school.

State Treasurer David McRae announced what was once known as College Savings Mississippi has been rebranded to become Mississippi College and Career Savings.

McRae believes the name change better reflects the true capacity of the program, which can be used for traditional four-year colleges, as well as vocational programs, apprenticeships, and other career training.

“For years, Mississippi’s college savings program has helped put educational goals within the financial reach of hundreds of families,” McRae said. “Over the years, however, our mission has evolved to better align with Mississippi’s workforce needs. A name change is a small adjustment, but I’m hopeful it helps expand Mississippians’ understanding of everything our team can help them pursue.”

Mississippi College and Career Savings has two programs to help Mississippians afford their educational ambitions:

  • The Mississippi Prepaid Affordable College Tuition — MPACT empowers individuals to lock in today’s tuition rates and pre-pay tuition at a two- or four-year institution.
  • The Mississippi Affordable College Savings Program — MACS operates like a tax-advantaged savings account. MACS funds can be used for almost any educational expense, from laptops to vocational education to classroom supplies for teachers.

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