College Graduate Plan

Eligible Vehicles

Leasing: Security deposit is not required (paid by Volkswagen Credit); VWoA will pay a $500 College Grad Bonus
Retail Financing: VWoA will pay a $500 College Grad Bonus
Driver’s Option: VWoA will pay a $500 College Grad Bonus

The dealer must provide the following information for each applicant prior to approval:

Applicants must be a U.S. citizen or permanent resident.
Must be within six months of graduation or have graduated no more than 24 months prior to the date of his/her credit application, from a 2- or 4-year accredited U.S. or Canadian college or university with one of the following degrees:

Written verification of graduation status is required via copy of diploma or official letter
from University Office of Records and Registration with official signatory affixed thereto
Must provide phone number of school’s Registrar’s Office
Monthly payment cannot exceed 25% of gross monthly income
Employed full-time or have verifiable commitment of employment from future employer. Must provide a contact name and phone number for someone in the Payroll or Human Resources Department of the applicant’s employer or future employer.
No credit history required; however, established history must be in good standing and have no previous derogatory credit
Must provide three personal references who can be contacted directly
Qualification under this program is subject to verification prior to approval