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Vermont Business Magazine Scott Giles, president and CEO, Vermont Student Assistance Corp commented today on the US Department of Education’s expanded ‘pause’ on federal student loan interest and collections for defaulted FFEL loans.
“COVID-19 has created significant challenges for many Vermont students and their families. Over the past year, we have worked with thousands of Vermonters to help them obtain the help they needed to manage their student loan debt.
“We have also been actively advocating with the Vermont delegation and with the Department of Education to provide additional relief to borrowers in the legacy FFEL program. This past week the US Department of Education made the decision to provide additional support to FFEL borrowers who have defaulted on their student loans.
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by Scott Giles, President and CEO, Vermont Student Assistance Corp VSAC has been here for Vermont students for more than half a century. We were founded in 1965 upon the belief that education and training lie at the heart of ensuring social and economic equity and opportunity in our society. Since our very first day, that principle has driven us to advocate for programs that we know make education and training more attainable, equitable, and achievable.
When the pandemic hit last year, it upended life as we know it for Vermonters. Students and families were suddenly dealing with financial, technological, and social hardships, as schools went remote, families were isolated from their usual support systems, and students faced a chasm of uncertainty as they tried to make decisions about their next steps.
Scholarships Free Money: Tuesday, March 30, 6:30–7:30 p.m.
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VSAC will also partner with more than 10 Vermont colleges and training programs to offer live virtual tours and info sessions. Check out the complete line-up of workshops and virtual tours here and register to save a spot. All presentations will be recorded and available for later viewing as well.
The pandemic has highlighted the critical importance of education and training that all Vermonters must have to fill essential roles in our communities – like health care, mental health, technology, and manufacturing. In fact, all of Vermont’s high-growth, high-wage jobs require education and training after high school. Discovering the path that best fits your individual needs and interests starts with College & Career Pathways.
VSAC Shows You How: Comparing financial aid offers, March 2 vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
Tue, 01/26/2021 - 5:16pm tim
Vermont Business Magazine Several community and business organizations have weighed in on Governor Scott s budget address, in which he outlined his plan for spending $6.8 billion. The governor has proposed using $210 million in one-time money on one-time initiatives. Much of that funding is going toward state technology upgrades, housing investments and economic opportunity.
Governor Scott Proposes Funding Increase for Vermont Housing & Conservation Board
In his Fiscal Year 2022 budget address delivered today, Governor Scott proposed a $20 million increase in funding to the Vermont Housing & Conservation Board (VHCB). The funding would support the well-documented need to create more housing across the state and to accelerate Vermont’s economic recovery while also addressing community needs highlighted by the pandemic.