Mike Stuart

August 24th, 2010

See below or click here: Stuart bio PDF

Mike Stuart, a resident of Essex Junction, joined VSAC in 1994, initially serving in default collections and loan compliance before moving to the functional area of treasury in 1999. He has served as vice president and chief financial officer since 2007. Mike oversees all of VSAC’s financial and facilities management functions. Finance activities include issuing and managing bonds, analysis and management reporting of VSAC’s education loan portfolio, loan program pricing, revenue projections, analysis and recommendation of borrower benefit programs, and analysis of guarantor financial performance. The accounting function involves loan-related activities, several state and federal grant programs, more than 125 scholarships, and Vermont’s 529 college savings program. Mike has participated in the issuance of more than $2.2 billion in VSAC bonds to support the education loan function and additional bonding to finance the construction of the corporation’s headquarters in Winooski. Mike received a bachelor’s degree in history from St. Lawrence University, a master’s in management and administration from Saint Michael’s College, and a professional certificate in financial accounting from Champlain College.