§ 2826. Statutory purposes
(a) The statutory purpose of the exemption for interest income from Vermont Student Assistance Corporation bonds in section 2825 of this title is to lower the cost of borrowing in order to finance education loan programs.
(b) The statutory purpose of the exemption for Vermont Student Assistance Corporation property tax in section 2825 of this title is to allow State instrumentalities that provide financial and information resources for postsecondary education and training to use all of their resources for those purposes. (Added 2013, No. 200 (Adj. Sess.), § 1.)
Structure Vermont Statutes
Chapter 87 - Grants, Scholarships, and Education Loan Programs
§ 2821. Student Assistance Corporation; purpose
§ 2827. Confidentiality of personally identifying information
§ 2832. Organization and compensation
§ 2835. Controls, audits, and reports
§ 2843. Applications, certificates, and reports
§ 2844. Amount received; proration
§ 2845. Trust fund; grants; students in Department for Children and Families custody
§ 2854. Amount; number; disbursement
§ 2857. Vermont National Guard Tuition Benefit Program
§ 2867. Reserve and pledged equity funds
§ 2868. Notes, bonds, and other obligations
§ 2869. Loan cancellation; mathematics, science, and computer science teachers
§ 2877. Vermont Higher Education Investment Plan created
§ 2878. Participation agreements for Investment Plan
§ 2878a. Participation agreements for Investment Plan; Vermont Matched Savings Program
§ 2879. Investment and payments
§ 2879a. Cancellation of participation agreements
§ 2879b. Effect of payments in computation and determination of financial aid need
§ 2879d. Property rights to assets in the Plan
§ 2879e. Construction and application
§ 2880b. Vermont Universal Children’s Higher Education Savings Account Program Fund
§ 2880c. Initial deposits to the Program Fund
§ 2880e. Withdrawal of Program funds
§ 2880f. Rights of beneficiaries and their families