Rule 10-601-5.1 - Creation of Student Financial Assistance ProgramsState-supported student financial assistance programs may be created by the Mississippi Legislature through the established legislative process The Legislature will name the administering agency in the authorizing legislation. If the Agency or the Postsecondary Board is named as the administering agency, the Mississippi Office of Student Financial Aid will complete the following process:
I. Draft Rules and Regulations and Contracts (when appropriate) to govern the program;II. Submit the Rules and Regulations and Contracts to the Office of the Attorney General for review; III. Present the Rules and Regulations and Contracts to the Postsecondary Board for approval, pending completion of the Administrative Procedures Act Process;IV. After Board approval is obtained, complete the Administrative Procedures Act Process as required by the Secretary of State;V. Publish the Rules and Regulations and other public information about the program;VI. Make the program available for application through the state online application portal.10 Miss. Code. R. 601-5.1
Miss. Code Ann. § 37-106-3.