Under the UVM Promise, admitted undergraduate students starting in the fall 2024 semester or later, whose parents' adjusted gross income (AGI) is $75,000 or less with typical assets will receive Federal, state and institutional grants and scholarships to cover their tuition and comprehensive fee, as well as a waiver for the University acceptance fee.
No separate application is needed for the UVM Promise. Students need simply apply to UVM and apply for financial aid and the VSAC grant.
UVM Promise students, admitted in Fall 2024 or later must meet all of the following criteria:
Eligibility for the UVM Promise is re-evaluated annually based on parents' Adjusted Gross Income as reported on each year's FAFSA. The FAFSA and the Vermont State Grant application must be submitted annually by UVM's priority financial aid deadline. 4 year tuition and comprehensive fee coverage is not guaranteed.
Students who qualify for UVM's Catamount Commitment Program are not eligible for additional funding under the UVM Promise Program.
For the 2023-2024 academic year, no additional UVM Promise students will be retro-actively awarded based on the newly expanded AGI eligibility.
Federal, State, Institutional Grants & Scholarships, employer tuition benefits, and VA education benefits will all be applied to the UVM Promise.
Tuition and comprehensive fee coverage applies only to fall and spring semesters if eligible, and not to the summer session.
Food and housing charges are not covered under the UVM Promise.