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Montana Agriculture Student Loan Assistance Program
This program was developed to encourage Montana’s college-educated youth to pursue a primary career in farming or ranching; reduce financial stress on Montana’s farm and ranch operators; and promote succession planning to preserve interest in Montana’s agricultural future. Successful applicants may receive loan assistance for up to five years for qualified education loans.
A qualified farmer or rancher is eligible for student loan assistance for up to a maximum of five years. The total amount of loan repayment assistance may not exceed 50% of the total amount of educational loans outstanding. The minimum award amount under this program is $5,000 dispersed over a five-year period.
An applicant must:
- be a Montana resident;
- have obtained an associate or baccalaureate degree from an approved Montana college or university;
- have an outstanding balance on an eligible student loan from obtaining such degree;
- be the primary owner, heir, successor or assignee of a farm or ranch in Montana;
- participate in the day-to-day operations of the farm or ranch;
- agree to operate a farm or ranch in Montana for at least five years; and
- be in a non-default status on a student loan
For more information, please read the Program Guidance. Click here to apply.
Important Dates:
| Application Window Open | April 8, 2022 |
| Technical Assistance Call Zoom Link |
May 10, 2022 2:00 p.m. |
| Application Deadline | May 23, 2022 |
| Qualifying applications will be presented to Agricultural Development Council in Helena, MT | Tentative June 9, 2022 |
| Award Announcements made | June 2022 |
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