Dormitory Residence Plans

Dormitory Residence Plans. Pursuant to the statutory authority of the Board of Directors which grants the Board the powers necessary or convenient to carry out the purposes and provisions of this Act, upon the completion of feasibility and advisability study the Board elected to not offer a prepaid dormitory plan. The Mississippi Affordable College Savings (MACS) Plan provides a savings vehicle which can be used for books, room and board, graduate school and other higher education expenses.