Vermont Statutes
Chapter 87 - Grants, Scholarships, and Education Loan Programs
§ 2832. Organization and compensation

§ 2832. Organization and compensation
(a) The Board, with the advice and consent of the Governor, shall elect from its members a chair. The Board shall also elect from its members a vice chair and secretary. Each of the officers shall hold office for two years and shall be eligible for reelection.
(b) The Board shall serve without compensation except for expenses actually and necessarily incurred by them in the performance of their duties under this chapter.
(c) The Board shall adopt bylaws for the Corporation and may appoint a president and determine the president’s compensation and duties. The Chair annually shall notify the Governor, the Speaker of the House of Representatives, and the President Pro Tempore of the Senate of the president’s compensation.
(d) The Board may elect an executive committee to serve in the interval between meetings to transact such business of the Corporation as provided in the bylaws. (Added 1965, No. 198, § 4(c), (d), (f), (g); amended 1967, No. 131, § 3; 1989, No. 283 (Adj. Sess.), § 2; 2003, No. 86 (Adj. Sess.), § 7; 2013, No. 92 (Adj. Sess.), § 185, eff. Feb. 14, 2014.)

Structure Vermont Statutes

Vermont Statutes

Title 16 - Education

Chapter 87 - Grants, Scholarships, and Education Loan Programs

§ 2821. Student Assistance Corporation; purpose

§ 2822. Definitions

§ 2823. Powers of Corporation

§ 2825. Tax exemptions

§ 2826. Statutory purposes

§ 2827. Confidentiality of personally identifying information

§ 2831. Membership; vacancies

§ 2832. Organization and compensation

§ 2833. Meetings; quorum

§ 2834. Powers and duties

§ 2835. Controls, audits, and reports

§ 2841. Establishment; rules

§ 2842. Eligibility

§ 2843. Applications, certificates, and reports

§ 2844. Amount received; proration

§ 2845. Trust fund; grants; students in Department for Children and Families custody

§ 2846. Advancement grants

§ 2851. Establishment

§ 2852. Eligibility

§ 2853. Application

§ 2854. Amount; number; disbursement

§ 2857. Vermont National Guard Tuition Benefit Program

§ 2861. Establishment

§ 2862. Rules and regulations

§ 2863. Guarantee

§ 2864. Reserve fund

§ 2865. Default

§ 2866. Rights of minors

§ 2867. Reserve and pledged equity funds

§ 2868. Notes, bonds, and other obligations

§ 2869. Loan cancellation; mathematics, science, and computer science teachers

§ 2875. Findings and intent

§ 2876. Definitions

§ 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

§ 2879c. Tax exemption

§ 2879d. Property rights to assets in the Plan

§ 2879e. Construction and application

§ 2879f. Annual reports

§ 2880. Definitions

§ 2880a. Vermont Universal Children’s Higher Education Savings Account Program established; powers and duties of the Vermont Student Assistance Corporation

§ 2880b. Vermont Universal Children’s Higher Education Savings Account Program Fund

§ 2880c. Initial deposits to the Program Fund

§ 2880d. Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income

§ 2880e. Withdrawal of Program funds

§ 2880f. Rights of beneficiaries and their families

§ 2880g. Financial literacy programs

§ 2880h. Program Fund Advisory Committee