Vermont State Nursing Incentive Scholarship Loan Program

Award Amount
Award Amount

$50,000

Application deadline
Application deadline

February 12

Awarded By:

Vermont Student Assistance Corporation (VSAC)

Number of Awards & Eligibility: Twenty awards.
In order to qualify, students must meet the following criteria:
  1. This award is for U.S. students.
  2. Must attend or plan to attend an accredited Vermont postsecondary school approved for federal Title IV funding.
  3. Must be a resident of Vermont.
  4. Must be a U.S. citizen or eligible non-citizen.
  5. Must plan to enroll in an accredited licensed practical nursing (LPN) degree program, OR be in the final year of an accredited associate's degree program in nursing (AS, RN), OR be in the final two years of an accredited bachelor's of science degree program in nursing (BSN, RN), OR be in the master's entry program in nursing (MEPN). Please note: Graduation from the program must result in eligibility to sit for the NCLEX-RN or NCLEX-PN examination.
  6. Must be an incoming or current undergraduate or graduate student.
  7. Must enroll or plan to enroll on a half-time (six credits) or higher basis.

In order to qualify, students must meet the following criteria:

Description: This scholarship is available for Vermont undergraduate and graduate students who are pursuing degrees in nursing. Recipients must work as a nurse in Vermont or at an accredited hospital within ten miles of the Vermont border for a minimum of one year following licensure for forgiveness of the loan.

Application requirements for the Vermont State Nursing Incentive Scholarship Loan Program are:

  • Essay
  • Recommendation letter
  • FAFSA
  • Application form
  • Official Transcript
Additional Information: This program was established by the Vermont Legislature to ensure an adequate number of nurses for the future healthcare needs of Vermonters. Funding for this program is conditional upon annual legislative appropriation. All applicants are required to demonstrate financial need. Selection is based on financial need and application documents. There are approximately 100 applicants for this award each year. A partial/complete cancellation of the award (interest-free loan) will be given under the following conditions: completion of a nursing degree program; LPN or RN licensure; and completion of one year of employment as an RN or LPN either in Vermont or at an accredited hospital within ten miles of the Vermont border.

Award Amount: Generally up to $50,000 is appropriated annually for awards under this program. Awards are made in the form of an interest-free loan and are non-renewable.  The total dollars awarded for this scholarship is $50,000.

Deadline Information:

Deadline for this scholarship is Wednesday, February 12

Deadline Information:

Deadline for this scholarship is Wednesday, February 12

Applications are available from the Vermont Student Assistance Corporation (VSAC) website. Applications may be completed either online or in paper form beginning on November 1. Please note: The student is only required to submit one application for all scholarships for which he/she wishes to apply. In addition, if a particular document is required for more than one scholarship, the student need only submit one copy of that document. To apply, the student must complete and submit the VSAC Unified Scholarship Application and submit the following materials: a letter of recommendation; an essay; and official transcripts. NOTE: Required additional materials MUST conform to the detailed instructions in the VSAC Scholarships Booklet. The student is highly encouraged to review the booklet thoroughly when assembling materials. Electronic applications and any digital versions of supplemental materials must be submitted by midnight on the deadline date. Paper applications or any supplemental materials in paper form must be postmarked by the deadline date.
About Vermont Student Assistance Corporation (VSAC):
Contact Information: -, VSAC Scholarship Program
Address: 10 E. Allen St. P.O. Box 2000 Winooski, Vermont 05404
Email: info@vsac.org
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