For out-of-state students attending VT colleges and VT residents going to college in the U.S. and abroad.
With VSAC, you get ...
- a fixed interest rate as low as 5.50% APR for the life of your loan
- your choice of three repayment options
- no origination fee if your cosigner has excellent credit
- local service from Vermont’s nonprofit higher education organization
- financing for undergraduate or graduate education
- no penalty or fee for prepayment
- cosigner release may be available upon request to borrowers who meet VSAC’s credit criteria after 48 months of active repayment
- the ability to request temporary postponement of payments during periods of financial hardship
- death and permanent disability cancellation