Vermont students count your lucky stars, for not every state’s higher education agency provides state students with access to both federal loans AND a bumper crop of customized private education loans. The Vermont Student Assistance Corporation (VSAC) makes quick work of ensuring all residents have the best information and loan products possible.
If it’s college planning information you need and student loans the VSAC website is packed wall-to-wall and includes:
This is a carbon copy of the Federal Family Education Loan Program (FFELP). By far the most important bit of advice you need to get out of the student loan process is: federal loans are always your first step in financial aid. It’s true that for most students this aid is less than sufficient to meet your true cost for a college education.
Federal loans include:
Find out more about the various federal student loan programs.
The private student loans often gather more attention for their relative application ease in comparison to the federal student loans. This crop of innovative loans can best be used once you’ve exhausted your annual federal loan limits. VSAC private loans include:
For more detailed information on the VSAC federal and private loan programs visit the website.