The Green Mountain Job and Retention Program (GMJRP), a collaboration between the State of Vermont, UVM, and the Vermont Student Assistance Corporation (VSAC), is designed to incentivize and retain graduates from Vermont-based colleges and universities by repaying some of their student loan debt.
Who Can Apply?
Any student who graduated from December 2023 to June 2024 with a bachelor’s or master’s degree from a Vermont college or university, who plans on living and working full-time in Vermont for two years following graduation.
What's In It For You?
Up to $5000 in loan repayment. Leverage your education from Vermont colleges and universities to shape your professional career.
How Does It Work?
Applications are accepted on a first-come, first-serve basis for as long as funding is available.
About the Green Mountain Job and Retention Program
Information
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The State of Vermont, in collaboration with the University of Vermont and the Vermont Student Assistance Corporation (VSAC), offers a $5000 loan repayment program to incentivize and retain new graduates from Vermont colleges and universities. Any student who graduated from December 2023 to June 2024 with a Bachelor's or Master's degree can apply. 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 are required to 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.
Eligible Colleges and Universities
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- Bennington College
- Center for Cartoon Studies
- Champlain College
- Goddard College
- Landmark College
- Middlebury College
- Norwich University
- Saint Michael’s College
- Sterling College
- University of Vermont
- Vermont Law School
- Vermont State University