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.