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Choosing a student loan?
You're in the right place.

 

Chances are you’re both excited and a little overwhelmed. Especially if you’re like most students (and parents) who will need to borrow to fund college or training.  

At VSAC, we understand that loans can be complicated. That’s why we’re here.  

As Vermont’s nonprofit state agency, we can help you learn about and apply for grants and scholarships (“gift aid”) so that you borrow only what you need. We’ll help you understand the difference between federal loans and “private loans” (they're not created equal) and what your choice of interest rate and repayment plan can actually mean in dollars and cents so that you can make the best decisions for you, with the goal of minimizing the amount you’ll pay now and in the long term. And we provide tips along the way.

We want to help you to know more, so you can borrow less.

Wherever you’re at in the process, there’s something for you here. 

LOAN QUESTIONS?

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

MondayFriday, 8:00 am4:30 pm, 800-226-1029

 

VSAC's student loans for 2019–2020 offer fixed interest rates lower than the federal PLUS.

Choose your rate based on the repayment option you select.

VSAC Student Loans

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.

4.79%

5.89%

6.90%

APR 4.79%5.51%

APR 5.89%6.47%

APR 6.65%7.15%

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VSAC Student Loans for Parents

Immediate Repayment

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

4.79%

APR 4.79%5.51%

Delayed Repayment

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

6.70%

APR 6.66%7.33%

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