Agriculture Student Loan Assistance Program Gives Awards
The Montana Department of Agriculture is awarding over $25,000 to two successful applicants through the Montana Agriculture Student Loan Assistance Program.
Established during the 2019 legislative session, this program encourages Montana’s college-educated youth to pursue a career in farming or ranching, reduces financial stress on ag operators, and promotes succession planning to preserve interest in our state’s agricultural future.
“Encouraging Montana’s younger generations to pursue careers in farming and ranching is key to the industry’s continued success,” said MDA director Christy Clark. “Assisting with student loans for young ag producers is one way that the state can help lessen some of the financial barriers for those starting out in agriculture.”
This is the second round of awards made through the Montana Agriculture Student Loan Assistance Program. Awards are determined by the Agriculture Development Council and provide loan assistance for up to five years.
The next funding cycle will open in the spring of 2024.
The Montana Department of Agriculture is serving Montana Agriculture and growing prosperity under the Big Sky. For more information on the Montana Farmer Student Loan Assistance, visit agr.mt.gov/Student-Loan-Assistance- Program.