The State of Vermont, in collaboration with the University of Vermont and the Vermont Student Assistance Corporation (VSAC), is offering 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 will be 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.
When you click the ‘Apply' button, you will be brought to VSAC’s myVSAC home page. myVSAC is the online account system you will use to apply for and access information about the Green Mountain Job & Retention Program.
• On the myVSAC home page, 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'.
• Once you have logged in, or registered for myVSAC, you will automatically be directed to the online Green Mountain Job & Retention Program application.