New York State Young Farmers Loan Forgiveness Incentive Program

 

As you are aware, the 2014-15 State Budget established the New York State Young Farmers Loan Forgiveness Incentive Program as one component of a comprehensive strategy that combined financial and educational initiatives and incentives to keep the State’s agricultural industry thriving for the next generation.

 

The New York State Higher Education Services Corporation (HESC) is currently accepting applications for the Young Farmers Loan Forgiveness Program, continuing through the December 15, 2014 deadline.

The new loan forgiveness program provides 10 awards of up to $10,000 in education loan forgiveness annually for up to five years. More information about the Program is available at: hesc.ny.gov/YoungFarmers.