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What happens if I purchase a university contract but my child goes to a community college or vice versa?

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What happens if I purchase a university contract but my child goes to a community college or vice versa?

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MPACT will pay the full community college tuition and the purchaser of the account will be entitled to a refund of the difference between the weighted-average university tuition in that year and what MPACT actually pays the community college. In cases where the student has a community college contract but attends a four-year university, MPACT will convert the community college hours into university hours based on the then current relative costs and pay the tuition. This results in fewer hours on your contract, but enables MPACT to pay your university tuition until benefits are exhausted.

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