Vermont § 2869 - Loan cancellation; mathematics, science, and computer science teachers
Full text of Vermont Vermont Statutes Online § 2869 — Loan cancellation; mathematics, science, and computer science teachers, with citation guidance and answers to common questions.
§ 2869. Loan cancellation; mathematics, science, and computer science teachers
- (a) Loans obtained under this subchapter may be partially or completely cancelled and
forgiven for a borrower who is employed for a complete academic school year as a full-time
licensed teacher: (1) in a Vermont elementary or secondary school that is approved by the State Board; and (2) in the subject area of mathematics, science, or computer science during a year when
there is a critical shortage of licensed teachers in that area. (b) Annually, the Board of the Corporation shall determine, after consultation with the
Secretary, whether a critical shortage of licensed teachers exists in each of the
subject areas of mathematics, science, and computer science. (c) The Board shall determine the amount of loan to be cancelled for each complete academic
year of teaching service. The amount cancelled for each year shall not exceed 25 percent
of the original principal amount plus any accrued interest. (d) This section is subject to the availability of funds specifically appropriated for
loan cancellations under this section. (Added 1983, No. 76, § 1; amended 1989, No. 118, § 3; 2003, No. 86 (Adj. Sess.), § 29; 2013, No. 92 (Adj. Sess.), § 188, eff. Feb. 14, 2014.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 2869
What does Vermont Statutes Online § 2869 cover?
Section 2869 ("Loan cancellation; mathematics, science, and computer science teachers") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 2869?
A common citation format is "Vermont Statutes Online § 2869" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 2869 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.