§ 2865. Default
§ 2865. Default A holder of a loan guaranteed pursuant to this chapter may submit a default claim to the Corporation for payment when a borrower has failed to make an installment payment of principal or interest or both when due or to comply with other terms of the note or other written evidence of […]
§ 2852. Eligibility
§ 2852. Eligibility (a) All resident, qualified secondary school seniors are eligible to be nominated by their secondary school for a Vermont Honor Scholarship. (b) Vermont Honor Scholarships shall be awarded on the basis of merit as demonstrated by scholastic excellence and participation in extracurricular and community service activities to be determined by such criteria […]
§ 2853. Application
§ 2853. Application A qualified student may be awarded an Honor Scholarship without affecting eligibility for an incentive grant. The Honor Scholarship amount shall not be considered in determining the calculation of the initial amount of the grant, unless the student’s total grant and scholarship assistance from all sources exceeds the cost of attendance as […]
§ 2854. Amount; number; disbursement
§ 2854. Amount; number; disbursement (a) Each Vermont Honor Scholarship shall be an equal amount and no less than $1,000.00 as determined by the Board. (b) Each secondary school, or a border school serving Vermont secondary school students, may nominate a senior for a Vermont Honor Scholarship. (c) The Scholarship shall be disbursed to the […]
§ 2857. Vermont National Guard Tuition Benefit Program
§ 2857. Vermont National Guard Tuition Benefit Program (a) Program creation. The Vermont National Guard Tuition Benefit Program (Program) is created, under which a member of the Vermont National Guard (member) who meets the eligibility requirements in subsection (c) of this section is entitled to the following tuition benefit for up to full-time attendance: (1) […]
§ 2861. Establishment
§ 2861. Establishment There is hereby created an Education Loan Program for the purpose of assisting qualified students to pursue schooling beyond the secondary level. It is the intention of the Legislature in establishing the Education Loan Program under this subchapter to serve Vermont resident students and their families throughout their educational careers; and to […]
§ 2843. Applications, certificates, and reports
§ 2843. Applications, certificates, and reports (a) The recipient must apply for an incentive grant at least annually. Grants may be for a maximum of five full-time equivalent school years. (b) Each applicant for an incentive grant shall furnish a certificate of income with the application. Attached to the certificate shall be a form of […]
§ 2844. Amount received; proration
§ 2844. Amount received; proration (a) Each undergraduate student who qualifies for an incentive grant shall apply on forms provided by the Corporation. The Corporation may consider the student for an incentive grant if the student meets the need-based eligibility standards established by the Board. These standards shall give due consideration to all relevant factors […]
§ 2845. Trust fund; grants; students in Department for Children and Families custody
§ 2845. Trust fund; grants; students in Department for Children and Families custody (a) The Board shall establish a trust fund to be used to provide grants for students who do not have parental support and are or have been under the custody of the Commissioner for Children and Families. The Board may draw up […]
§ 2846. Advancement grants
§ 2846. Advancement grants (a) The Corporation may establish an advancement grant program for residents pursuing nondegree education and training opportunities who do not meet the definition of student in subdivision 2822(3) of this title, and who may not meet the requirements of this subchapter. (b) Advancement grants may be used at institutions that are […]