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Vermont Business Magazine Community Colleges of Vermont (CCV) and the Vermont Student Support Corporation (VSAC) are expanding a program to offer debt-free college degrees to Vermonters.
The 802 Opportunity Grant provides free tuition to Vermonters with household incomes of $75,000 or less who do not already have a bachelor’s degree. The grant is available to new or returning students of any age. According to US Census data, the median household income in Vermont is $63,477.
The 802 Opportunity Grant is a natural extension of CCV and VSAC’s work to address college affordability.
“The 802 Opportunity Grant allows Vermonters to invest in themselves,” said CCV President Joyce Judy. This program removes barriers and provides incentives for Vermont families, communities and businesses. We are proud to partner with VSAC to expand access to affordable education in Vermont.
Funding for 802 Opportunity was approved by Governor Scott and the Vermont Legislature in summer 2021 as part of a record investment in training and workforce programs. The program, now in its second year, originally had an income limit of $50,000.
“We know that education is the greatest equalizer when it comes to economic opportunity,” said VSAC President and CEO Scott Giles. “A post-secondary education is needed for Vermont’s high-demand high-wage jobs — jobs that Vermonters need and our employers need to fill. This program is a game-changer for many traditional-age students and working-age students and is one of the state’s best investments in higher education.
An 802 opportunity, combined with state and federal grant aid, covers tuition for all credits in the student’s chosen degree program, as well as a $100 administrative fee. The grant does not cover laboratory and studio fees, books or other supplies.
CCV’s fall semester begins Tuesday, September 6th.
To learn more about the 802 Opportunity Grant, visit ccv.edu/actnow Or vsac.org/802 opportunity
CCV is Vermont’s second largest college, serving approximately 10,000 students each year. With 12 locations and extensive online learning options, our students don’t have to travel far to access our degree and certificate programs, workforce, postsecondary and continuing education opportunities, and academic and veterans support services.
The Vermont Student Aid Corporation is a public, not-for-profit agency established by the Vermont Legislature in 1965 to help Vermonters achieve their educational and training goals after high school. VSAC serves students in grades 7-12 and their families, as well as adults returning to school, by providing education and career planning services, need-based grants, scholarships and student loans. VSAC has awarded more than $600 million in grants and scholarships to Vermont students and administers Vermont’s 529 College Savings Plan. Learn more at www.vsac.org.
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