Establishes the Free Degree Promise Program to provide tuition-free associate's degrees to Vermont high school graduates.
The bill creates the Free Degree Promise Program to offer tuition-free accelerated associate's degrees to Vermont high school graduates who complete the Early College program at the Community College of Vermont. The program aims to reduce student debt, increase degree attainment, support workforce needs, and expand access to postsecondary education. The Vermont Higher Education Endowment Trust Fund will fund the program, with five percent of its assets allocated annually to the University of Vermont, Vermont State Colleges, and Vermont Student Assistance Corporation.
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