
Youth Loans From Farm Service Agency
The Farm Service Agency makes loans to young people so they can establish, operate and own agricultural projects that are somehow connected to 4-H, FFA or other agricultural groups. The projects must be overseen with the help of the agricultural advisor and be projected to generate enough income to pay back the loan. The agricultural project must also provide the student with practical business and educational experience. The loan maximum is $5,000.
The requirements are not real complicates
Be a citizen of the United States or a legal resident alien
Be 10 to 20 years of age
Comply with FSA's general eligibility requirements
Be unable to get a loan from other sources
Conduct a modest income producing project in a supervised program of work
Demonstrate capability of planning, managing and operating the project under guidance and assistance from a project advisor, The supervisor must also recommend the youth loan applicant.
You can find more information at you local Farm Service Agency office at the USDA Service Center.
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