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Special Vermont Leadership Institute Tuition Loan

We applaud your interest in the Snelling Center's Vermont Leadership Institute! Merchants Bank places a high value on public service and its ability to bring about positive change. We are invested in the local Vermont economy and are committed to fueling our state with the funding we all need to succeed.

Whether it’s business loans or mortgages, with Merchants you have a trusted, stable and local resource that is committed to Vermont’s success. Our focus remains on growing Vermont’s economy.

We have created the Vermont Leadership Institute tuition loan specifically for students enrolled in the VLI program.

Loan Details

  • Availability: Limited to students accepted into the Vermont Leadership Institute, must meet Merchants Bank credit and qualifying eligibility criteria
  • Maximum Loan Amount: $6,000
  • Loan Type: Unsecured
  • Maximum Term: 4 years
  • Fixed Interest Rate: 10%†

†The current fixed interest rate for this loan product is 10% (10.324% APR‡). You may estimate your monthly payment at $26.26 per $1,000 borrowed. These terms are subject to change at any time.
‡Annual Percentage Rate is based upon a loan amount of $6,000 over the maximum loan term of 48 months.

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