affordability at green mountain college
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GMC's Affordability Plan

Green Mountain College has a strong historic commitment to make undergraduate education flexible and affordable for Vermonters, and for students from across the U.S. and around the globe. Meanwhile, the value of a Green Mountain degree continues to rise—the College is consistently among the top performers in surveys conducted by The Princeton Review, U.S. News and World Reportand Sierra magazine.

The College’s innovative resort and hospitality management program at the Killington School of Resort Management offers a bachelor of science degree which can be completed in three years—the program boats a 99% alumni job placement rating. Two years ago, Green Mountain College launched the Vermont Tuition Match Scholarship for high school graduates in Vermont, in which GMC pledges to match the tuition levied by the University of Vermont for applicants who meet our admission standards and who enroll full-time. Now, Green Mountain College is launching several new initiatives to make a Green Mountain College degree more attainable.

“We want applicants to know they have the option of attending a Vermont private institution with the advantages of small classes and strong student advising, and that opportunity is not out of reach financially,” said Green Mountain College President Paul Fonteyn.

Poultney High School Tuition Match for High School Graduates. As set forth in its strategic plan Sustainability 2020, Green Mountain College challenges itself to strengthen community partnerships that enhance the social and economic sustainability of our region. One tangible step in this commitment is the Poultney High School Tuition Match for High School Graduates, which offers tuition to PHS graduates at a rate equal to the tuition set by Castleton State College. This means that graduates of Poultney High School who meet our admission standards and enroll at GMC full-time in 2014 would receive a scholarship estimated at $22,000 annually. "Poultney High School is dedicated to helping each high school student reach his or her full potential. However the cost of earning a degree is often prohibitive for many students who could succeed in a college setting," said Poultney High School Principal Tom Fitzgerald. "Programs like this will help narrow the affordability gap for our students."

Vermont State Colleges Dual Enrollment Programs. Green Mountain College is also committed to help qualified students at other local high schools jump-start their post-secondary education by gaining college credits while still in high school. In the first stage of a collaboration with Burr and Burton Academy in Manchester, Vt., GMC will teach a 3-credit environmental ethics course at the Academy in the spring 2014 semester. To date 14 students are already enrolled in the course. In addition to the existing program with Poultney High School, the College seeks dual enrollment partnerships with other local secondary schools which will result in students saving time and money in earning their bachelor’s degree.

CCV Vermont Tuition Match Scholarship. Green Mountain College recently announced that it is offering graduates of Community College of Vermont (CCV) who meet our admissions standards and enroll full-time at GMC the Vermont Tuition Match Scholarship, in which GMC matches the tuition levied by the University of Vermont. By working individually with CCV graduates to craft an educational plan that meets their particular needs, GMC is committed to helping CCV graduates achieve a four-year undergraduate degree. One affordable and flexible option is outlined below (online Business Administration Program).

Online Business Administration Program. Part of the affordability equation is designing personalized, career-oriented programs that allow students to complete their undergraduate degree at their convenience. With GMC’s new 100% online Bachelor of Science in Business Administration program, students can build on college credits they have already accumulated and earn a degree at their own pace, on their own time. Holders of a two-year associates degree can take GMC courses to attain an undergraduate degree at a rate of $300 per credit, well below the cost of regional competitors.

Green Mountain College offers career-related employment options for student through all four years at GMC. Refer to these links for other ways GMC is making college more affordable.

Through affordability efforts, Green Mountain College is able to award scholarships/grants of approximately $9.2 million dollars through a combination of institutional discounting and endowment scholarship funds.

“Currently 94% of all GMC students receive financial aid, with over 90% receiving institutional support, to help offset the cost of their college education,” according to GMC Student Financial Services Director Wendy Ellis. who notes that about 25% of GMC students are the first in their family to attend college or university.

The College also maintains its commitment to a variety of students through its participation in the Yellow Ribbon Program, and through special rates for older adult citizens who wish to take classes. Undergraduate and graduate programs at GMC are approved for veteran’s benefits under the GI Bill, thereby offering eligible military veterans an opportunity to attend Green Mountain College at reduced rates. The College offers dramatically discounted rates ($544 per three-credit course) for older adults wishing to continue their studies. They may also audit one course each semester for free.

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