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Terms Used In Vermont Statutes Title 16 Sec. 2879b

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Investment Plan: means one or more plans created pursuant to this subchapter. See
  • Student: means any person who:

§ 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.)