About Us  ·  Jobs at VSAC  ·  Site Help  ·  Contact Us  
   HOME Explore
Careers
Plan for
College
Save for
College
Pay for
College
Loan
Repayment

Saving for college is possible and starting as early as you can makes all the difference.

News & Info

Available now - The Vermont Higher Education Plan (VHEIP) enrollment kit for Vermont’s official 529 college saving plan.

View or print the PDF, or request a printed copy (e-mail).

Log In to your VHEIP Account

Vermont Higher Education Investment Plan (VHEIP)

The Vermont Higher Education Investment Plan (VHEIP), Vermont’s official 529 college savings plan, is designed to encourage Vermonters to invest for college or other post-high school programs. You can contribute even small amounts. Favorable tax treatment may help boost the growth of your contributions and earnings.

Visit VHEIP now.

Exceptional tax breaks

VHEIP is the only 529 college savings plan that offers Vermonters exceptional tax breaks on both federal and state taxes. In Vermont, tax breaks include:

  1. an income tax credit on contributions
  2. As of the 2009 tax year, the tax credit (the reduction in taxes owed) is 10 percent of the first $2,500 contributed annually, or up to $250, per taxpayer per beneficiary.
  3. an income tax exemption on earnings (when used for qualified higher education expenses).
  4. Earnings are federally tax-deferred and, if part of qualified withdrawals, free of federal and Vermont income tax. When you make withdrawals for qualified expenses, 100 percent of your money will be available for qualified higher education expenses.
Getting started
At your service
Apply today

Additional Resources

LIBRARY PICKS

Plan to Meet College Costs
Investment Strategy: Dollar Cost Averaging
Tax Breaks for College (chart)

WEB PICKS

Managing the Price of College - U.S. Department of Education.
College Cost Projector - Estimate how much it will cost to attend college.
TIAA-CREF - Teachers Insurance and Annuity Association College Retirement Equities Fund.
Identity Theft - The Federal Trade Commission's site on how to avoid, detect, and deter identity theft.



Quick Links

Site Search

  

Save for College

VHEIP Web site
Savings Calculator
VHEIP Info Request
VHEIP Open an Account
VHEIP Account Access
VHEIP Account Service Forms
VHEIP Gift of Education

General

VT Colleges & Universities
Career & Education Pathfinders
Events and Workshops
Adult Learners
Publications
Outreach Programs
Research
Resource Library Catalog
Contact Us

myVSAC

Get personalized news, info & tools
Access your loan & grant accounts
View your statements
Make online payments