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For Immediate Release
October 27, 2004
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White: Nov. 15
Deadline to Apply for Agriculture Education Loan
Forgiveness
Harrisburg – State
Sen. Mary Jo White (R-21) is urging local residents
to look into a financial aid program designed to
increase the number of Pennsylvanians studying
agriculture.
White said the
deadline to complete applications for the
Agriculture Education Loan Forgiveness program is
November 15.
The Agriculture
Education Loan Forgiveness Program is a
federally-insured student loan program that forgives
qualifying agriculture and veterinary graduates up
to $2,000 per year on loans administered by the
Pennsylvania Higher Education Assistance Agency.
PHEAA set a $10,000 lifetime maximum in loan
forgiveness payments for the program.
"Agriculture
remains a vital industry to the Commonwealth and
important to our local economy," said White. "Easing
the financial burden of higher education on
Pennsylvania's young farmers is important to the
future of farming."
Veterinary
graduates and agriculture graduates must complete
separate applications and must possess some specific
requirements concerning their education and
employment status.
White said both
veterinary graduates and agriculture graduates must
possess a degree presented by a Pennsylvania school
or college. Veterinary graduates must be certified
by the U.S. Department of Agriculture to sign health
certificates required for the interstate commerce of
agriculture animals and animal products, and they
must be qualified to certify certain regulatory
tests of agricultural animals.
To fulfill
requirements for an agriculture graduate, the
graduate must be a full-time employee of a family
farm or farm corporation owned by members of the
immediate family. The farm must be used for the
production of agricultural products for commercial
purposes, and these farms must devote 75 percent or
more of all assets to the business of agriculture.
More information
applications can be found online at
http://www.pheaa.org/loanforgiveness/ .
Applications may also be obtained by calling (717)
720-2800.
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