Beneficiary Eligibility

Beneficiary Eligibility. An individual may be named the Beneficiary of an MPACT Contract if such individual meets all of the following requirements: A. The individual is a Resident of the State of Mississippi as defined in Rule 5.1BB; or (b) a nonresident if the Purchaser is a resident of the State of Mississippi. B. The individual is eighteen (18) years of age or younger on the first day of the MPACT Enrollment Period in question; C. The individual has been born at the time the Application is submitted; D. The individual must not have yet enrolled at a Postsecondary Institution. A Beneficiary may be a U.S. citizen, a permanent resident alien, or a dependent of a U.S. citizen or of a permanent resident alien.