Easy & Affordable Loans
Serving All Bennington County Vermont Residents
The Olin Scott Fund has provided financial assistance since 1920. This post-secondary educational loan opportunity is available to all full-time students in Bennington County to further their college, vocational, and professional educations.
To Apply (New Students):
- You must reside in Bennington County, Vermont
- Submit a Completed Application (rolling admission starting Spring 2025)
- Provide your Transcript With Minimum 2.5 GPA (Grade Point Average)
- Provide a copy of your School Acceptance Letter
- Pay a $25 One-Time Application Fee To OLIN SCOTT FUND
- Meet with Director of Operations to complete the loan documents
- Complete with (2) Two Acceptable Loan Co-Signers
- Once you are approved, Pick Up Check made payable to the student & the educational institution
Loan Options:
- College Freshman to Senior up to $7,500 / Year Full-Time Student
- Graduate School up to $7,500 / Year Full-Time Student
OLIN SCOTT FUND provides 5% APR (annual percentage rate) student loans and has a 1/2% origination fee.
Repayment:
- While In School, It’s Interest Free And No Payments
- Payments Will Start The Year After Graduation
- $10,000 Or Less – A 60-Month Payback Term
- More Than $10,000 – A 120-Month Payback Term
- Special Rules Apply If Student Withdraws Before Graduation
Maximum Loan Amounts:
- Undergraduate Student = $30,000 total loans
- Graduate Student = $45,000 total loans including undergraduate
Student Siblings = No more than $90,000 per family
To Renew:
- Each year confirm you’re an active student to re-apply or defer payment to after graduation
- Provide Your Transcript With Minimum 2.5 GPA (Grade Point Average) showing full time status
- Complete & submit the loan documents each year to operations@olinscottfund.org
The Olin Scott Fund, Inc. does not discriminate on the basis of race, religion, color, national origin, marital status, sex, age, gender & identity or expression, or disability.
Full disclosure provided with completed application.