Green Mountain Job & Retention Program
Graduate From a College or University in Vermont? You Could Be Eligible for $5,000 in Student Loan Repayment
The State of Vermont, in collaboration with the Vermont Student Assistance Corporation (VSAC), offers a $5,000 loan repayment program to incentivize and retain new graduates from Vermont colleges and universities.
Eligibility
Students who graduated from a Vermont college or university between December 2023 and June 2024 with either a bachelor’s or master’s degree, who live in Vermont and will be working full-time with a Vermont-based employer for two years after graduation, are eligible for up to $5,000 in loan repayment: $2,500 after their first year of employment and $2,500 after the second year. This offer is open to graduates from any Vermont college or university.
Deadline
The deadline to apply is December 1, 2024.
Recipients are selected on a first-come, first-served basis based on regional, employer, and institutional distribution criteria, as long as funding is available.
Applicants must submit proof of employment when applying. Employment will be verified with the Vermont-based employer at two points: after one year of employment and after the second year of employment.
To learn more about the program, read the press release from VSAC
How to Apply
Deadline: December 1, 2024
On myVSAC, enter your existing myVSAC username and password and click the ‘Login’ button. If you are a first-time user and do not have an existing myVSAC username, click on ‘Register Now’.