§ 40. Vermont Dental Hygienist Forgivable Loan Incentive Program
(a) As used in this section:
(1) “Corporation” means the Vermont Student Assistance Corporation established in 16 V.S.A. § 2821.
(2) “Eligible individual” means an individual who satisfies the eligibility requirements
under this section for a forgivable loan.
(3) “Eligible school” means an approved postsecondary education institution, as defined
under 16 V.S.A. § 2822.
(4) “Forgivable loan” means a loan awarded under this section covering tuition, which
may also include room, board, and the cost of required books and supplies for up to
full-time attendance at an eligible school.
(5) “Program” means the Vermont Dental Hygienist Forgivable Loan Incentive Program created
under this section.
(b) The Vermont Dental Hygienist Forgivable Loan Incentive Program is created and shall
be administered by the Department of Health in collaboration with the Corporation.
The Program provides forgivable loans to students enrolled in an eligible school who
commit to working as a dental hygienist in this State and who meet the eligibility
requirements in subsection (d) of this section.
(c) The Corporation shall disburse forgivable loan funds under the Program on behalf of
eligible individuals, subject to the appropriation of funds by the General Assembly
for this purpose.
(d) To be eligible for a forgivable loan under the Program, an individual, whether a resident
or nonresident, shall satisfy all of the following requirements:
(1) be enrolled at a dental hygienist program at an eligible school;
(2) maintain good standing at the eligible school at which the individual is enrolled;
(3) agree to work as a dental hygienist in Vermont for a minimum of one year following
licensure for each year of forgivable loan awarded;
(4) have executed a credit agreement or promissory note that will reduce the individual’s
forgivable loan benefit, in whole or in part, pursuant to subsection (e) of this section,
if the individual fails to complete the period of service required in this subsection;
(5) have completed the Program’s application form and such financial aid forms as the
Corporation deems necessary, in accordance with a schedule determined by the Corporation;
and
(6) have provided such other documentation as the Corporation may require.
(e) If an eligible individual fails to serve as a dental hygienist in this State for a
period that would entitle the individual to the full forgivable loan benefit received
by the individual, other than for good cause as determined by the Corporation in consultation
with the Vermont Department of Health, then the individual shall receive only partial
loan forgiveness for a pro rata portion of the loan pursuant to the terms of the interest-free
credit agreement or promissory note signed by the individual at the time of entering
the Program.
(f) There shall be no deadline to apply for a forgivable loan under this section. Forgivable
loans shall be awarded on a rolling basis as long as funds are available, and any
funds remaining at the end of a fiscal year shall roll over and shall be available
to the Department of Health and the Corporation in the following fiscal year to award
additional forgivable loans as set forth in this section.
(g) The Corporation shall adopt policies, procedures, and guidelines necessary to implement
the provisions of this section, including maximum forgivable loan amounts.
(h) Forgivable loans shall be awarded on a rolling basis, provided funds are available,
and any funds remaining at the end of a fiscal year shall carry forward and shall
be available to the Department of Health and the Corporation in the following fiscal
year to award additional forgivable loans as set forth in this section. (Added 2023, No. 78, § F.4, eff. July 1, 2023; amended 2023, No. 113 (Adj. Sess.), § E.311, eff. July 1, 2024.)