§ 2834 - Powers and duties - Vermont Statutes

§ 2834. Powers and duties

(a) The board has the power to adopt rules, regulations, policies, and procedures not inconsistent with law, governing the application for and the origination, servicing, and repayment of loans, the awarding of grants to students, and the corporation's other activities and programs.

(b) When requested by any state senator, the board shall assist him in selecting the recipients of his senatorial scholarship or, if requested, it shall distribute any funds allocated to it by the state senator as additional state incentive grants. (1965, No. 198, § 4(h), (j); amended 1967, No. 131, § 4; 2003, No. 86 (Adj. Sess.), § 9.)