Student LIFT

VSECU awards three $5,000 student loan repayment awards annually. A qualified recipient is chosen from each of three different categories.

The categories for these awards are:

Loan Repayment Program

  • Monthly payments will be made until the $5,000 award has been exhausted
  • Payments are considered taxable income
  • Award recipients are encouraged to contact a professional tax advisor for further information

To be eligible to apply for Student LIFT, you must meet the following criteria:

  • Be a VSECU member in good standing (maintain at least $25 in a primary savings account with no current loan delinquencies)
  • Currently live or work in Vermont
  • Have evidence of student loan debt and currently making student loan payments in the applicant’s name
  • Submit a completed application and all required documentation

Please note: Graduation from college is NOT a requirement to be eligible for Student LIFT.