How to Give with a MACS Account
Whether it’s for birthdays, religious celebrations, graduations, holidays or just because, a gift to a Mississippi Affordable College Savings (MACS) Program account is an innovative and meaningful way to celebrate major milestones in a child’s or loved one’s life.
How to Contribute to a New MACS Account
It’s easy to open a MACS account as a gift for a child or loved one.
Please select how you’d like to enroll:
- Enroll Online
You can submit your initial contribution* electronically from your bank account or by sending a check deposit slip along with your payment. - Download Enrollment Materials
Download and print everything you need to open an account. - Request Enrollment Kit
Have enrollment materials mailed to you. Please allow five to seven days for delivery.
After you’ve opened the new account and made a contribution, download a Gift of Education Certificate and present it to your beneficiary. Insert it in a card, frame it or wrap it with a bow. It’s a great way to symbolize your gift. Then, going forward, you can choose to download other gift certificates for holidays or special occasions— whenever you want to symbolize your continued contributions toward that child’s future college education.
Please note: you will need to know the Social Security Number (SSN) or federal Taxpayer Identification Number (TIN) of the child or loved one you will be designating as the beneficiary before you can finalize the enrollment process.
How to Contribute to an Existing MACS Account
If you would like to make a contribution* to an existing account, please follow these instructions.
- Download and complete a MACS Program Gift of Education Certificate
- Complete a check made payable to the MACS Program. Make sure the plan Gift Contribution Number** provided to you by the account owner is clearly indicated on the check.
- Make a copy of the MACS Gift of Education Certificate and the check and keep it for your records. You can mail your check directly to the MACS Program using one of the addresses indicated below:
Mississippi Affordable College Savings Program
PO Box 55037
Boston, MA 02205-5037
Mississippi Affordable College Savings Program*
30 Dan Road
Canton, MA 02021
*Use this address for overnight mail. - If you prefer, you can also present the check with the Gift of Education certificate directly to your loved one. Then, the account owner can deposit the check into their account on your behalf.
- Symbolize Your Gift – Whether you send in the check directly to the MACS Program or to the recipient, be sure to present the completed Gift of Education Certificate to symbolize your gift—wrap it, frame it or place it in a card!
* The minimum contribution amount to a MACS account is $25. Contributions are permitted by personal checks (excluding starter checks, credit card convenience checks and counter checks), bank drafts, teller’s checks and checks issued by a financial institution payable to the account owner and endorsed over to the Plan, and third-party personal checks up to $10,000. Checks must be drawn on a U.S. banking institution and must be payable in U.S. dollars.
** The Gift Contribution Number* is the Account Number plus the four-digit investment option number. This number can be found on the account owners’ statement. To ensure the contribution is applied properly, the entire Gift Contribution Number is needed - both the four (4) digit number preceding the dash (investment option) and the set of numbers to the right (account number). If you do not have the Gift Contribution Number for the MACS account in which you would like to make your contribution, present your check to the account owner. The account owner will need to add the Gift Contribution Number to the check and submit the check to MACS on your behalf. Or, after the account owner adds the Gift Contribution Number to your check, you may mail it directly to MACS using the address above.
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