We will have an update later this year regarding the answer to this question.
Should the program continue beyond this first year, yes as long as you still have qualifying loan debt you would be able to apply again. You would be required to provide loan statements showing that you made regular payments to […]
This Program has been established in state statute and is expected to continue beyond this year. More information on continuation of this program will be provided later this year.
VTAEYC does not provide legal advice on possible tax obligations resulting from participation in the Student Loan Repayment Assistance Program. Recipients of Student Loan Repayment Assistance Program Awards are responsible for, and should consult with their tax advisors for advice […]
Payments are distributed on a quarterly schedule. Your award letter will detail your payment schedule. Payments will be direct deposited into your bank account unless you request otherwise.
Your award payment is determined based on your monthly payment plan. Loans that are not on an Income Driven Repayment plan may qualify for additional funds. The program application will ask you questions to help determine if you qualify for […]
No, you do not have to be a Vermont resident but you must be working in a regulated Vermont program. Any participants that are out-of-state residents need to check with their own tax advisor on any possible tax implications of […]
Applications submitted by the 1st of each month will receive a decision by the first of the next month. You may submit an application at any time, but in order to get the maximum award possible applicants should try to […]
If you miss a deadline for a Quarterly Report, please turn it in as soon as possible. You will be contacted via email. If you miss the deadline, your payment may be delayed. If you fail to return 2 Quarterly […]
If you change your job, but remain working in a CDD-regulated program, you need to notify VTAEYC, but there will not be a change to your award amount. Payments will continue as scheduled. It is important that you update us […]