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The Vermont Advantage
VSAC’s fixed-rate education loans for students and parents
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Low-cost financing for undergraduate and graduate education for Vermont students: out-of-state students attending VT colleges and VT residents attending college in the U.S. and abroad.


New interest rates for academic year 2016-2017 as low as 4.8% APR! The Vermont Advantage offers lower rates than federal PLUS loans.
Application now available.


See what the Vermont Advantage can do for you.

With VSAC, you get ...

  • your choice of student or parent loans – NEW!
  • a fixed interest rate as low as 4.80% APR, based on the repayment option you select
  • no or low origination fees
  • local service from Vermont’s nonprofit higher education organization

Not sure which loan to choose? Consider...

Who will be the borrower?

STUDENT LOAN

The student is the borrower, with a cosigner (often a parent).
NEW! PARENT LOAN

The parent is the borrower.

How soon can you begin repaying your loan?

Your choice of repayment option determines your interest rate.
STUDENT LOAN

Your choice of three repayment options.
NEW! PARENT LOAN

Your choice of two repayment options.
  • Immediate: start principal and interest payments right away
    4.80% fixed interest rate
    APR of 4.80% to 5.56%
  • Interest only: make monthly interest payments while enrolled
    5.40% fixed interest rate
    APR of 5.40% to 6.00%
  • Deferred: begin repayment after enrollment ends
    6.30% fixed interest rate
    APR of 6.09% to 6.61%
  • Immediate: start principal and interest payments right away
  • 4.80% fixed interest rate
    APR of 4.80% to 5.56%
  • Delayed: begin repayment 12 months after loan is fully disbursed
  • 6.30% fixed interest rate
    APR of 6.27% to 6.96%

Both loans accrue interest from the first disbursement through the life of the loan.
Both Vermont Advantage loans have lower interest rates than the federal Direct PLUS and may be better financing options, depending on your situation.



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