1. Student Loans
  2. Ready to Apply
  3. Ready to Apply

Ready to apply for a student loan? Let's get started.

Fixed-interest education loans for undergraduates, graduate/professional students & parents

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COVID-19 STUDENT LOAN INFO

Questions? Call us Monday–Friday, 8:00 am–4:30 pm, 800-226-1029

VSAC's 2021–2022 student loans for undergraduate & graduate study offer fixed interest rates.

Your fixed interest rate will be based on the repayment plan you choose; your fees will be based on your credit rating. Your final APR is based on both your credit and the repayment option you choose.

for Undergraduate & Graduate Students

Immediate Repayment

"Immediate" means you start principal & interest payments 15–45 days after loan is fully disbursed.

Interest-Only Repayment

"Interest-only" means you start monthly interest payments 15–45 days after loan is fully disbursed.

Deferred Repayment

"Deferred" means you begin repayment 15–45 days after enrollment ends.

3.79%

5.20%

6.10%

APR 3.79%–4.50%

APR 5.20%–5.76%

APR 5.90%–6.40%
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for Parents

Immediate Repayment

"Immediate" means you start principal & interest payments 15–45 days after loan is fully disbursed.

3.79%

APR 3.79%–4.50%

Delayed Repayment

"Delayed" means you begin repayment 12 months after loan is fully disbursed.

6.10%

APR 6.07%–6.72%
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Get Started!

  1. Apply for VSAC's student loan or parent loan to cover education costs for:
    • Out-of-state students attending a college in Vermont
    • Vermont residents attending college anywhere in the U.S. or internationally
  2. New to VSAC? You'll need to create a MyVSAC profile. You can use this same profile to access grants, scholarships, and loans.
    What you'll need for your application if you're a:

After You Apply: What's Next?

  • As we move your application through the process, we'll send you updates. Be sure to check your email regularly!
  • If you have questions at any time, call us. That's why we're here.

 

LOAN QUESTIONS?

Give us a call to speak with one of our counselors. 

Monday–Friday, 8:00 am–4:30 pm, 800-226-1029

 

Minimize Debt After Borrowing

Follow these 5 tips to keep your student loan interest charges as low as possible:

  1. Make your payments on time. 
  2. Pay a little extra with each payment. Even $20 extra a month can make a difference!
  3. Avoid extending your repayment term.
  4. Avoid deferring your interest payments.
  5. Avoid defaulting on your loan.