Federal loan program changes for the 2010-2011 academic year

Congress recently made changes to the federal education loan program. As of July 1, 2010 organizations like VSAC can no longer make new Stafford, Parent PLUS, or Graduate PLUS loans.

Your school’s financial aid office will help you borrow federal loans from the Federal Direct Loan Program. Refer to your school’s Web site or contact your financial aid office to learn how to request a new Stafford, Parent PLUS, or Graduate PLUS loan.

VSAC continues to assist customers with existing VSAC loans. If you are a Vermonter, you may be eligible to apply for a Vermont grant. Explore www.vsac.org to learn more about grants, scholarships, and other VSAC services.