Vermont Business Magazine The Community College of Vermont (CCV) and the Vermont Student Assistance Corporation (VSAC) are expanding programs that offer debt-free college degrees to Vermonters.
The 802 Opportunity Grant provides free tuition for Vermonters with a household income of $75,000 or less who have not yet completed a bachelor’s degree. Grants are available to incoming or returning students of any age. According to US Census data, the median household income in Vermont is $63,477.
The 802 Opportunity Grant is a natural extension of CCV and VSAC’s efforts to address college affordability.
“The 802 Opportunity Grant allows Vermonters to invest in themselves,” said Joyce Judy, president of CCV. “This program breaks down barriers and empowers families, communities and businesses in Vermont. We are proud to partner with VSAC to expand access to affordable education in Vermont.”
Funding for 802 Opportunities was approved by Governor Scott and the Vermont Legislature in the summer of 2021 as part of a record investment in training and workforce programs. The program is now in its second year and the original income threshold was $50,000.
Scott Giles, President and CEO of VSAC, said: “A post-secondary education is necessary for high-demand, high-paying jobs in Vermont – jobs that Vermonters want and employers need to fill. It’s a game-changer for college and adult students and one of the most significant investments in higher education a state can make.”
The 802 Opportunity, combined with state and federal grants, covers tuition for all credits in the degree program of the student’s choice, plus a $100 administration fee. The grant does not cover lab or studio costs, books, or other supplies.
CCV’s fall semester begins on Tuesday, September 6th.
For more information about the 802 Opportunity Grant, please visit: ccv.edu/actnow Also vsac.org/802 opportunities
CCV is the second largest university in Vermont, serving nearly 10,000 students each year. With 12 locations and a wealth of online learning options, students don’t have to travel far from their communities to access degree and certificate programs, the workforce, secondary and continuing education opportunities, academic and veteran support services.
Vermont Student Assistance Corporation is a public, non-profit organization established by the Vermont Legislature in 1965 to help Vermonters achieve their post-secondary education and training goals. VSAC provides educational and career planning services, as-needed grants, scholarships and education loans to students in grades 7-12 and their families and returning adults. VSAC has awarded her more than $600 million in grants and scholarships to Vermont students and administers Vermont’s 529 college savings plans.Click here for details www.vsac.org.