Vermont § 2880d - Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income
Full text of Vermont Vermont Statutes Online § 2880d — Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income, with citation guidance and answers to common questions.
§ 2880d. Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income
- (a) The Corporation shall invite the parents or legal guardians of each Program beneficiary
to open a Vermont Higher Education Investment Plan account on the beneficiary’s behalf. (b) The beneficiary, his or her parents or legal guardians, other individuals, and private
and public entities may make additional deposits into a beneficiary’s Investment Plan
account. (c) Annually, the Corporation shall deposit into the Program Fund a matching allocation
of up to $250.00 per eligible child on a dollar-to-dollar basis for contributions
made that year to a single Investment Plan account established for the child under
this section, provided that at the time of deposit, the eligible child has a family
income of less than 250 percent of the federal poverty level. (d) Notwithstanding subsection (c) of this section, if the available funds in a given
calendar year are insufficient to provide for the maximum allocation amounts under
this subsection, the Corporation shall prorate the allocations accordingly. (Added 2015, No. 45, § 2.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 2880d
What does Vermont Statutes Online § 2880d cover?
Section 2880d ("Vermont Higher Education Investment Plan accounts; matching allocations for families with limited income") 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 § 2880d?
A common citation format is "Vermont Statutes Online § 2880d" (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 § 2880d 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.