We were awarded a grant through the new federal GEAR UP program, which will allow us to provide early awareness activities, academic support, and information to low-income students and their parents. Targeted schools will receive additional resources and support to enhance education opportunities for all students. We have helped Vermont families cut college expenses by providing the lowest-cost education loans in the country. Our customized loan delivery system, coupled with cost-effective loans, offered an incentive for the University of Vermont to rejoin our loan program. Our online services grew in 2000.
Students can now apply for grants online and can obtain information about their loans.
Although VSAC provides easy access to loans, we continue to be concerned about the level of debt families are carrying to afford postsecondary education. Access to higher education for Vermont families is critical, and we will keep our efforts focused on this issue. Launched the Vermont Higher Education Savings Plan. The plan enables Vermonters to save even small amounts for higher education at favorable rates. Provided 9,400 adults with career, postsecondary, and financial aid information.