Vermont Statutes
Chapter 87 - Grants, Scholarships, and Education Loan Programs
§ 2879e. Construction and application

§ 2879e. Construction and application
This subchapter shall be construed liberally in order to effectuate its legislative intent. The purposes of this subchapter and all provisions of this subchapter with respect to powers granted shall be broadly interpreted to effectuate such intent and purposes and not as to any limitation of powers. This subchapter shall be interpreted and enforced in a manner that shall achieve this public purpose in compliance with the applicable provisions of the Internal Revenue Code, except to the extent the Code is inconsistent with the provisions of 32 V.S.A. § 5825a. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. July 1, 1997; amended 2019, No. 51, § 18, eff. Jan. 1, 2019.)

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