10 Miss. Code. R. 201-3.9 - New In-State Institutions and Entities
Notes
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Approval will be withdrawn after all actions involved in the closure have been completed. When an institution plans a closing, institution officials must communicate their plan to the Commission and all parties concerned including current and former students, institution faculty and staff, accrediting bodies, Closed School Unit at the U.S. Department of Education (where federal financial aid is involved), and all affected lending agencies. It is advisable that the institution provide each current and former student with a copy of their final transcript and review with them their financial records and tuition refund information.
In the event of an unplanned closure (without proper notification and process), the Commission will immediately revoke approval of the institution upon learning of the unplanned closure. Such a revocation status shall be maintained as part of the Commission closure file on the institution and any individuals directly involved, including, but not limited to, the owners, incorporators, chief executive officer, director, and board chair.