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Current as of January 02, 2025 | Updated by Findlaw Staff
The applicant:
(a) Must comply with the general eligibility requirements established at § 764.101(a) through (g);
(b) And anyone who will sign the promissory note, must not have received debt forgiveness from the Agency on any direct or guaranteed loan;
(c) Must be at least 10 but not yet 21 years of age at the time the loan is closed;
(d) Must be recommended and continuously supervised by a project advisor, such as a 4–H Club advisor, a vocational teacher, a county extension agent, or other agriculture-related organizational sponsor; and
(e) Must obtain a written recommendation and consent from a parent or guardian if the applicant has not reached the age of majority under state law.
(f) [Redesignated as subsection (e) by 79 FR 78694]
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.764.302 Eligibility requirements - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-764-302/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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