Beneficiary Substitution After Contract Benefits Have Been Utilized by the Original

Beneficiary Substitution After Contract Benefits Have Been Utilized by the Original Beneficiary. Once a portion of Contract benefits have been used, Beneficiary substitution may be allowed only if the proposed Substitute Beneficiary meets the requirements for substitution as set out in Rule 9.3, at least fifteen (15) semester hours of tuition benefits remain on the contract, and the Substitute Beneficiary does not already have an MPACT contract. A request for beneficiary substitution must be made prior to graduation of the original beneficiary.