NO. 39. AN ACT RELATING TO EDUCATIONAL ASSISTANCE FOR NATIONAL GUARD MEMBERS.
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 16 V.S.A. § 2856(a) and (b) are amended to read:
active member of the Vermont army national guard or the air national guard may
be eligible for an interest-free loan in an academic year for financial
assistance to pay for tuition and fees for courses taken at a Vermont college,
university, or regional technical center. Academic year awards may be up to
for a full-time student, up to $700.00 for a half-time student and up to
$200.00 for a quarter-time student the in-state tuition rate at the Vermont state
colleges for that year.
(b) To be eligible for an educational loan under this section, a person shall:
been a Vermont resident for at least one
(2) be an active member in good standing of a federally-recognized unit of the Vermont army national guard or air national guard;
(3) have successfully completed basic training or commissioning;
(4) not hold a baccalaureate degree or higher; and
(5) be enrolled in a program that leads to a postsecondary degree, diploma or be studying for relevant continuing education purposes.
Approved: May 26, 2003