Statement from Scott A. Giles, president and CEO of Vermont Student Assistance Corp:

January 21st, 2016

Governor Shumlin’s Budget Address, January 21, 2016, Funding for Act 45, Vermont Universal Children’s Higher Education Savings Account Program

 

“Governor Shumlin’s budget initiative for universal children’s college savings accounts holds the promise of a brighter future for generations of Vermonters to come. Imagine, if you will, that every baby born in Vermont will grow up knowing he or she will be able to pursue the education or training they will need to have a successful career.

“Education is the most important equalizer and strategy we have in fighting income inequality and ending generational poverty. Even children from families with small college savings are three times more likely to continue their education and four times more likely to graduate.

“The Governor’s funding request is a lasting legacy for Vermonters and the state’s economic prosperity.”

VSAC Higher Education Fact Sheets for Vermont Counties, FY15

December 29th, 2015

Addison County

Bennington County

Caledonia County

Chittenden County

Essex County

Franklin County

Grand Isle County

Lamoille County

Orange County

Orleans County

Rutland County

Washington County

Windham County

Windsor County

Celebrate College Decision Day with VSAC!

April 21st, 2015

Share your college decision with #ReachHigher & #vsac for a chance at $50

 

WINOOSKI (April 21, 2015) – High school seniors know what day May 1 is.

It’s the last day for most seniors to inform a college of their plans to enroll. Vermont Student Assistance Corp. is joining Reach Higher, the nationwide celebration started by First Lady Michelle Obama to encourage students to pursue and complete their education.

VSAC invites high school seniors and families to share their decisions with us for a chance at one of four $50 Amazon gift cards.

Now until May 1, post a selfie (or better yet, an “ussie!”) on Instagram, Facebook or Twitter telling us where you’re going along with the hashtags #ReachHigher and #vsac. You can check out which schools other seniors have chosen, too!

Congratulations seniors. VSAC is rooting for you!

About VSAC – Changing Lives through Education and Training since 1965

Vermont Student Assistance Corporation is a public, nonprofit agency established by the Vermont Legislature in 1965 to help Vermonters achieve their education and training goals after high school. VSAC serves students and their families in grades 7-12, as well as adults returning to school, by providing education and career planning services, need-based grants, scholarships and education loans. VSAC has awarded more than $600 million in grants and scholarships for Vermont students, and also administers Vermont’s 529 college savings plan. Share your VSAC story by email to [email protected] or submit a video to YouTube. Find us at www.vsac.org or check in on Facebook and Twitter. #changing lives

Gov. Phil Hoff to serve as honorary chairman of VSAC 50th Anniversary Council

January 1st, 2015

Governor’s initiative opened doors to college and opportunity for generations of Vermonters

 

WINOOSKI (January 1, 2015) – The Vermont Student Assistance Corp.  has announced that Governor Phil Hoff will serve as honorary chairman of its 50th Anniversary Council.

VSAC was created by the Legislature in 1965 to help Vermonters plan and pay for college and it was Governor Hoff’s leadership that made higher education a life-changing opportunity for Vermonters, said Scott Giles, president and CEO of VSAC.

“Without Governor Hoff, there wouldn’t be a VSAC today or, more importantly, the $500 million in grants that Vermonters have received,” Giles said. “He takes great pride in the creation of VSAC, but it is five decades of Vermonters who are grateful to Governor Hoff’s vision and leadership.”

The VSAC Anniversary Council highlights the partnerships and contributions of leaders and organizations throughout the Green Mountain State that focus on encouraging Vermonters to pursue their educational goals and economic dreams.

“The economic growth and fiscal stability of Vermont requires a highly educated workforce,” Giles said. “Education and training after high school are essential strategies for earning a livable wage.”

Other members of the VSAC 50th Anniversary Council include: Senator Patrick Leahy; Rep. Peter Welch, Governors  Peter Shumlin and Jim Douglas; Bob Allen, president and CEO of the Windham Foundation; Martha Allen, president  of the Vermont NEA; Sen. John Campbell, Senate president pro tempore; Barbara Benedict, vice president, McClure Foundation; Betsy Bishop, president, Vermont Chamber of Commerce; Sen. John Campbell, Vermont Senate president pro tempore; Stuart Comstock-Gay, president and CEO, Vermont Community Foundation; Lauren Curry, executive director, Richard E. & Deborah L. Tarrant Foundation; Stephen Dale, executive director, Vermont School Boards Association; Jeff Francis, executive director, Vermont Superintendents Association; Rebecca Holcombe, secretary, Agency of Education; Joyce Judy, president, Community College of Vermont; Ellen McCulloch-Lovell, president, Marlboro College; Patricia Moulton, secretary, Agency of Commerce and Community Development; Annie Noonan, commissioner, Department of Labor; Ken Page, executive director, Vermont Principals Association; Bob Skiff, past-president, Champlain College; Rep. Shap Smith, Speaker of the Vermont House; Jeb Spaulding, chancellor, Vermont State Colleges; Susan Stitely, president, Association of Vermont Independent Colleges; Tom Sullivan, president, University of Vermont; Lisa Ventriss, president, Vermont Business Roundtable; David Wolk, president, Castleton State College.

About VSAC – Changing Lives through Education and Training since 1965

Vermont Student Assistance Corporation is a public, nonprofit agency established by the Vermont Legislature in 1965 to help Vermonters achieve their education and training goals after high school. VSAC serves students and their families in grades 7-12 as well as adults returning to school by providing education and career planning services, need-based grants; scholarships and education loans. VSAC also administers Vermont’s 529 college savings plan and has awarded more than $600 million 500 million grants and scholarships for Vermont students. Share your VSAC story by email to [email protected] or submit a video to YouTube. Find us at www.vsac.org or check in on Facebook and Twitter. #changing lives

 

 

 

Musgrove Family Celebrates First “529 Day” Baby with VHEIP 529 Plan Contribution

May 30th, 2014

The first baby born at a participating Vermont hospital receives $529 for a
college savings account

 

 

Musgrove baby_529Day

Proud parents Angela Musgrove and Scott Powers hold Skyra, Vermont’s 529 Baby, born at Brattleboro Memorial Hospital on May 29 at 12:36 a.m.

WINOOSKI (May 30, 2014) – The Vermont Association of Hospitals and Health Systems and Vermont Student Assistance Corp. marked national 529 Day by starting a college savings account for Skyra Musgrove – the first baby born on May 29 at Brattleboro Memorial Hospital.

Baby Skyra, who weighed in at 7 pounds, 7 ounces, was born at 12:36 a.m. in Brattleboro, one of the participating hospitals in 529 Day event.

“We are so excited to be able to partner with VSAC and the Vermont Higher Education Investment Plan to award our ‘529 Baby’ with money for their college savings,” said Jill Olson,  vice president of policy and legislative affairs for the hospital association. “It’s a wonderful opportunity for a family to receive money for college.”

Scott Giles, VSAC President and CEO, said that 529 Day is an effort to remind parents that now is the time to start saving. “Skyra has a foundation for her future—what a great way to celebrate her birth,” said Giles. “We hope that other families will be inspired to start saving for their children, no matter how young or old—it’s never too early or too late to save.”

Also, across the state during May, families of children of any age up to 18, have had an opportunity to enter to win one of two $529 VHEIP contributions. One boy and one girl will be selected in a random drawing. Families have until midnight on 5/31/14 to enter at www.vheip.org.

About VHEIP

The VHEIP 529 college savings plan was established in 1999 and is Vermont’s only state-sponsored 529 plan. VHEIP is administered by the Vermont Student Assistance Corp. and managed by TIAA-CREF Tuition Financing Inc. For more information about VHEIP, visit www.vheip.orgor call the customer service center at (800) 637-5860.

About VAHHS

VAHHS is a member-owned organization devoted to improving the health status of communities throughout Vermont. Its activities include advocacy, policy development, education and research. VAHHS works in partnership with dozens of Vermont healthcare organizations on a wide variety of issues, providing educational and research services for members and non-members alike. VAHHS supports coordination of our members’ health care services with other health or social service organizations. For more information, visit www.vahhs.org.

About VSAC

Vermont Student Assistance Corp. is a public, nonprofit corporation created by the Vermont Legislature in 1965 to help Vermonters plan and pay for education or training beyond high school. VSAC administers Vermont’s 529 college savings plan; outreach services to encourage low-income students to aspire to and complete college; college and career planning services for all Vermonters; need-based state grants for full-time, part-time and non-degree study; public and private scholarship programs; and private education loans. Find us at www.vsac.org or on Facebook at https://www.facebook.com/VermontStudentAssistanceCorporation.