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Current as of October 02, 2022 | 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 October 02, 2022 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-764-302/
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