reglab/housing_qa huggingface dataset:
16 V.S.A. § 2879a
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2879a. Cancellation of participation agreements

§ 2879a. Cancellation of participation agreements|(a) Any participant may cancel a participation agreement at will, and any return of funds from the participant's account shall be subject to terms and conditions established by the Corporation, provided that any penalties levied as a result comply with the provisions of the Internal Revenue Code or Title 32 relating to Investment Plans.(b) The Corporation may provide by rule that no termination penalty shall apply in certain circumstances. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. July 1, 1997; amended 2001, No. 58, § 4, eff. June 16, 2001; 2019, No. 51, § 17, eff. Jan. 1, 2019.)
16 V.S.A. § 2879b
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2879b. Effect of payments in computation and determination of financial aid need

§ 2879b. Effect of payments in computation and determination of financial aid need|Amounts available for the payment of postsecondary education costs pursuant to the Investment Plan shall be considered family assets of the beneficiary in determining need and eligibility for student aid as determined by applicable law. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. July 1, 1997; amended 2001, No. 58, § 4, eff. June 16, 2001.)
16 V.S.A. § 2879c
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2879c. Tax exemption

§ 2879c. Tax exemption|(a) The assets of the Vermont Higher Education Investment Plan held by the Corporation and the assets of any similar plan qualified under Section 529 of the Internal Revenue Code and any income from them shall be exempt from all taxation by the State or any of its political subdivisions. Income earned or received from the Fund by any participant or beneficiary shall not be subject to State income tax and shall be eligible for any benefits provided in accordance with the Investment Plan provisions of the Internal Revenue Code. The exemption from taxation under this section shall apply only to assets and income maintained, accrued, or expended pursuant to the requirements of the Vermont Higher Education Investment Plan, the provisions of this subchapter, and the applicable provisions of the Internal Revenue Code. No exemption shall apply to assets and income expended for any other purposes.(b) Contributions to an account held under a Vermont Higher Education Investment Plan that is provided directly by the Corporation to a participant shall be eligible for a credit against Vermont income tax as provided under 32 V.S.A. § 5825a. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. Jan. 1, 1999; amended 2001, No. 58, § 4, eff. June 16, 2001; 2003, No. 65, § 1; 2019, No. 131 (Adj. Sess.), § 106; 2019, No. 154 (Adj. Sess.), § E.605.4, eff. Oct. 2, 2020.)
16 V.S.A. § 2879d
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2879d. Property rights to assets in the Plan

§ 2879d. Property rights to assets in the Plan|The assets of the Vermont Higher Education Investment Plan shall at all times be held in trust for the benefit of the participant, shall not be commingled with any other funds of the Corporation or the State, shall be preserved, invested, and expended solely and only for the purposes set forth in this chapter and in accordance with the participation agreements, and no property rights in them shall exist in favor of the Corporation or the State. Amounts held in, or withdrawn from, a participant's Investment Plan account under a participation agreement shall not be subject to liens, attachment, garnishment, levy, seizure, claim by creditors of the contributors, participants, or any beneficiary, or subject to any involuntary sale, transfer, or assignment by any execution or any other legal or equitable operation of law, including bankruptcy or insolvency laws. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. July 1, 1997; amended 2001, No. 58, § 4, eff. June 16, 2001; 2019, No. 154 (Adj. Sess.), § E.605.4, eff. Oct. 2, 2020.)
16 V.S.A. § 2879e
2021 Vermont Statutes|Title 16 - Education|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.)
16 V.S.A. § 2879f
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2879f. Annual reports

§ 2879f. Annual reports|The Corporation shall review, on an annual basis, the financial status of the Program and the participation rate in the Program. The Corporation shall also review the continued viability of the Program and the administration of the Program by the Corporation. (Added 1997, No. 79 (Adj. Sess.), § 1, eff. July 1, 1997; amended 2009, No. 33, § 38.)
16 V.S.A. § 2880
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880. Definitions

§ 2880. Definitions|As used in this subchapter:  (1) "Approved postsecondary education institution" means any institution of postsecondary education that is:  (A) certified by the State Board of Education as provided in section 176 or 176a of this title; (B) accredited by an accrediting agency approved by the U.S. Secretary of Education pursuant to the Higher Education Act; (C) a non-U.S. institution approved by the U.S. Secretary of Education as eligible for use of education loans made under Title IV of the Higher Education Act; or (D) a non-U.S. institution designated by the Corporation as eligible for use of its grant awards.  (2) "Committee" means the Vermont Universal Children's Higher Education Savings Account Program Fund Advisory Committee. (3) "Corporation" means Vermont Student Assistance Corporation. (4) "Eligible child" means a minor who is a Vermont resident at the time the Corporation deposits or allocates funds pursuant to this subchapter for his or her benefit. (5) "Postsecondary education costs" means the qualified costs of tuition, fees, and other expenses for attendance at an institution of postsecondary education, as defined in the Internal Revenue Code of 1986, as amended, together with the regulations promulgated under that Code. (6) "Program" means the Vermont Universal Children's Higher Education Savings Account Program. (7) "Program beneficiary" means an individual who is or who was at one time an eligible child for whom the Corporation deposited or allocated funds pursuant to this subchapter and who has not yet attained 29 years of age or, for national service program participants, the extended maturity date. (8) "Program Fund" means the Vermont Universal Children's Higher Education Savings Account Program Fund. (9) "Vermont Higher Education Investment Plan" or "Investment Plan" means the plan created pursuant to subchapter 7 of this chapter. (10) "Vermont resident" means an individual who is domiciled in Vermont as evidenced by the individual's intent to maintain a principal dwelling place in Vermont indefinitely and to return there if temporarily absent, coupled with an act or acts consistent with that intent. A minor is a Vermont resident if his or her parent or legal guardian is a Vermont resident, unless a parent or legal guardian with sole legal and physical parental rights and responsibilities lives outside the State of Vermont. (Added 2015, No. 45, § 2; amended 2019, No. 131 (Adj. Sess.), § 108.)
16 V.S.A. § 2880a
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880a. Vermont Universal Children's Higher Education Savings Account Program established; powers and duties of the Vermont Student Assistance Corporation

§ 2880a. Vermont Universal Children's Higher Education Savings Account Program established; powers and duties of the Vermont Student Assistance Corporation|(a) It is the policy of the State to expand educational opportunity for all children. Consistent with this policy, the Vermont Student Assistance Corporation shall partner with one or more foundations or other philanthropies to establish and fund the Vermont Universal Children's Higher Education Savings Account Program to expand educational opportunity and financial capability for Vermont children and their families.(b) Pursuant to this subchapter, the Corporation shall establish and administer the Program, which shall include the Vermont Universal Children's Higher Education Savings Account Program Fund and financial education for Program beneficiaries and their families and legal guardians. The Corporation, in addition to its other powers and authority, shall have the power and authority to adopt rules, policies, and procedures, including those pertaining to residency in the State, to implement this subchapter in conformance with federal and State law.(c) The Vermont Departments of Health and of Taxes and the Vermont Agencies of Education and of Human Services shall enter into agreements with the Corporation to enable the exchange of such information as may be necessary for the efficient administration of the Program.(d) The Corporation's obligations under this subchapter are limited to funds deposited in the Program Fund specifically for the purpose of the Program.(e) The Corporation shall annually on or before January 15 release a written report with a detailed description of the status and operation of the Program and management of accounts. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880b
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880b. Vermont Universal Children's Higher Education Savings Account Program Fund

§ 2880b. Vermont Universal Children's Higher Education Savings Account Program Fund|(a) The Vermont Universal Children's Higher Education Savings Account Program Fund is established as a fund to be held, directed, and administered by the Corporation. The Corporation shall invest and reinvest, or cause to be invested and reinvested, funds in the Program Fund for the benefit of the Program.(b) The following sources of funds shall be deposited into the Program Fund:  (1) any grants, gifts, and other funds intended for deposit into the Program Fund from any individual or private or public entity, provided that contributions may be limited in application to specified age cohorts of beneficiaries; and (2) all interest, dividends, and other pecuniary gains from investment of funds in the Program Fund.   (c) Funds in the Program Fund shall be used solely to carry out the purposes and provisions of this subchapter, including payment by the Corporation of the administrative costs of the Program and the Program Fund and of the costs associated with providing financial education to benefit Program beneficiaries and their parents and legal guardians. Funds in the Program Fund may not be transferred or used by the Corporation or the State for any purposes other than the purposes of the Program. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880c
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880c. Initial deposits to the Program Fund

§ 2880c. Initial deposits to the Program Fund|(a) Each year, the Corporation shall deposit $250.00 into the Program Fund for each eligible child born that year, beginning on or after January 1, 2016.(b) In addition, if the eligible child has a family income of less than 250 percent of the federal poverty level at the time the deposit under subsection (a) of this section is made, the Corporation shall make an additional deposit into the Program Fund for the child that is equal to the deposit made under subsection (a).(c) Notwithstanding subsections (a) and (b) of this section, if the available funds in a given calendar year are insufficient to provide for the maximum deposits under this section, the Corporation shall prorate the deposits accordingly. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880d
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880d. Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income

§ 2880d. Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income|(a) The Corporation shall invite the parents or legal guardians of each Program beneficiary to open a Vermont Higher Education Investment Plan account on the beneficiary's behalf.(b) The beneficiary, his or her parents or legal guardians, other individuals, and private and public entities may make additional deposits into a beneficiary's Investment Plan account.(c) Annually, the Corporation shall deposit into the Program Fund a matching allocation of up to $250.00 per eligible child on a dollar-to-dollar basis for contributions made that year to a single Investment Plan account established for the child under this section, provided that at the time of deposit, the eligible child has a family income of less than 250 percent of the federal poverty level.(d) Notwithstanding subsection (c) of this section, if the available funds in a given calendar year are insufficient to provide for the maximum allocation amounts under this subsection, the Corporation shall prorate the allocations accordingly. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880e
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880e. Withdrawal of Program funds

§ 2880e. Withdrawal of Program funds|(a) Subject to the provisions of this section, the Investment Plan requirements under subchapter 7 of this chapter, and the rules, policies, and procedures adopted by the Corporation, a Program beneficiary shall be entitled to Program funds deposited or allocated by the Corporation for his or her benefit if:  (1) the beneficiary has attained 18 years of age or has enrolled full-time in an approved postsecondary education institution; (2) the Corporation has sufficient proof that the beneficiary was an eligible child at the time the deposit or allocation was made; (3) the funds are used for postsecondary education costs and made payable to an approved postsecondary education institution on behalf of the beneficiary; and (4) the withdrawal is made prior to the beneficiary's attaining 29 years of age, provided that for a beneficiary who serves in a national service program, including in the U.S. Armed Forces, AmeriCorps, or the Peace Corps, each month of service shall increase the maturity date by one month.   (b) If a Program beneficiary does not use all of the funds deposited or allocated by the Corporation for his or her use prior to the maturity date, the beneficiary shall no longer be permitted to use these funds and the Corporation shall unallocate the unused funds from the beneficiary within the Program Fund.(c) This section shall not apply to withdrawal of funds that are contributed to an Investment Plan account opened for the benefit of the account's beneficiary under subsections 2880d(a) and (b) of this title and that are not Program funds deposited or allocated by the Corporation. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880f
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880f. Rights of beneficiaries and their families

§ 2880f. Rights of beneficiaries and their families|(a) A parent or legal guardian shall be allowed to opt out of the Program on behalf of his or her child.(b) An individual otherwise eligible for any benefit program for elders, persons who are disabled, families, or children shall not be subject to any State resource limit based on funds deposited, allocated, or contributed on behalf of an eligible child or Program beneficiary to the Program Fund or an Investment Plan. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880g
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880g. Financial literacy programs

§ 2880g. Financial literacy programs|State agencies and offices, including the Agencies of Education and of Human Services and the Office of the State Treasurer, in collaboration with existing statewide community partners and nonprofit partners that specialize in financial education delivery and have developed an available infrastructure to support financial education across multiple sectors, shall develop and support programs to encourage the financial literacy of Program beneficiaries and their families and legal guardians throughout the duration of the Program via mail, mass media, and in-person delivery methods. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2880h
2021 Vermont Statutes|Title 16 - Education|Chapter 87 - Grants, Scholarships and Education Loan Programs|§ 2880h. Program Fund Advisory Committee

§ 2880h. Program Fund Advisory Committee|(a) There is created a Vermont Universal Children's Higher Education Savings Account Program Fund Advisory Committee to identify and solicit public and private funds for the Program and to advise the Corporation on disbursement of funds.(b) The Committee shall be composed of the following 11 members:  (1) the Governor or designee, ex officio; (2) the President of the Corporation or designee, ex officio; (3) two representatives of the Vermont philanthropy community, appointed by the Governor; (4) two representatives of the Vermont business community, appointed by the Governor; (5) two members from Vermont advocacy organizations representing individuals and families with limited income, appointed by the Governor; and (6) three members selected by the Committee.   (c) Non-ex-officio members shall serve four-year terms, appointed and selected in such a manner that no more than three terms shall expire annually. (Added 2015, No. 45, § 2.)
16 V.S.A. § 2881
2021 Vermont Statutes|Title 16 - Education|Chapter 89 - Postsecondary Review Entity|§ 2881. Vermont Higher Education Council; designation

§ 2881. Vermont Higher Education Council; designation|The Vermont Higher Education Council is hereby designated as the Vermont state postsecondary review entity for the purpose of reviewing all institutions of higher education that are eligible or which desire to become eligible for funding under 42 U.S.C. Chapter 34, Subchapter I, Part C (work study programs) or 20 U.S.C. Chapter 28, Subchapter IV (student assistance). (Added 1993, No. 144 (Adj. Sess.), § 1.)
16 V.S.A. § 2882
2021 Vermont Statutes|Title 16 - Education|Chapter 89 - Postsecondary Review Entity|§ 2882. Vermont state postsecondary review entity; powers and duties

§ 2882. Vermont state postsecondary review entity; powers and duties|(a) The Vermont state postsecondary review entity shall review institutions of higher education in accordance with standards established in 20 U.S.C. § 1099a-3 and with standards established by the Vermont state postsecondary review entity with the agreement of the federal Department of Education.(b) The Vermont state postsecondary review entity may enter into agreements with the Secretary of the Federal Department of Education pursuant to 20 U.S.C. Chapter 28, Subchapter IV, Part G. (Added 1993, No. 144 (Adj. Sess.), § 1.)
16 V.S.A. § 2887
2021 Vermont Statutes|Title 16 - Education|Chapter 90 - Funding of Postsecondary Education|§ 2887. The Next Generation Initiative Fund

§ 2887. The Next Generation Initiative Fund|(a) A Next Generation Initiative Fund is established in the Office of the State Treasurer to comprise appropriations made by the General Assembly and grants, donations, or contributions from any other sources. The Fund shall be administered pursuant to 32 V.S.A. chapter 7, subchapter 5, except that interest earned on the Fund and any remaining balance shall be retained in the Fund.(b) Annually, the General Assembly shall appropriate monies in the Next Generation Initiative Fund for programs that encourage Vermonters to live and work in Vermont.(c) [Repealed.]  (Added 2005, No. 204 (Adj. Sess.), § 2, eff. May 31, 2006; amended 2009, No. 3 (Sp. Sess.), § 11b, eff. June 10, 2009; 2011, No. 162 (Adj. Sess.), § E.400.)
16 V.S.A. § 2901
2021 Vermont Statutes|Title 16 - Education|Chapter 99 - General Policy|§ 2901. Success for all students in the general education environment

§ 2901. Success for all students in the general education environment|(a) Each local school district shall develop and maintain, in consultation with parents, a comprehensive system of education that is designed to result, to the extent appropriate, in all students succeeding in the general education environment. A comprehensive system of education includes a full range of services and accommodations that are needed by students in the district. These services could include a separate alternative program if the district finds that some of its students could be better served in an environment outside the classroom, or if the district finds that separate placement is the best way to provide services to a student who is having difficulty learning in a traditional school setting for educational, emotional, or personal reasons and thereby impairing the ability of the classroom teacher to provide high-quality services to that student or to other students. This chapter does not replace or expand entitlements created by federal law, nor is it the intent of this chapter to create a higher standard for maintaining a student in the general classroom than the standard created in the following federal laws: 20 U.S.C. chapter 33, Individuals with Disabilities Education Act; 29 U.S.C. § 794, Section 504 of the Rehabilitation Act of 1973; and 42 U.S.C. chapter 126, Americans with Disabilities Act.(b) [Repealed.](c) No individual entitlement or private right of action is created by this section. (Added 1989, No. 230 (Adj. Sess.), § 4; amended 1995, No. 157 (Adj. Sess.), § 8; 1999, No. 113 (Adj. Sess.), § 9; 2009, No. 44, § 40, eff. May 21, 2009; 2017, No. 173 (Adj. Sess.), § 3, eff. May 25, 2018.)