College Graduate Program is available towards leasing or retail purchases. Leasing: Security Deposit is not required (paid by VW Credit); first month's payment limited to $800 (paid by VWoA). Purchase: First month's payment limited to $800 (paid by VWoA). To be eligible, the consumer 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: Associate's, Bachelor's, Master's, Doctoral, or Nursing degree (RN or LPN). Written verification of graduation status is required via copy of diploma or official letter from University. Monthly payment cannot exceed 25% of gross monthly income. Must be employed full-time or have verifiable commitment of employment from future employer within four months. No credit history required; however, established history must be in good standing and have no previous derogatory credit.