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Rule Title: ELIGIBILTY AND DOCUMENTATION REQUIREMENTS
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Department: AGRICULTURE
Chapter: STUDENT LOAN ASSISTANCE PROGRAM
Subchapter: Requirements and Procedures
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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4.23.103    ELIGIBILTY AND DOCUMENTATION REQUIREMENTS

(1) The Agriculture Development Council will direct the department to conduct a review of eligibility prior to making funding decisions.

(2) Applicants must provide sufficient documentation to establish:

(a) proof of residency;

(b) completion of associate or baccalaureate degree from postsecondary institution as defined in 20-26-603, MCA;

(c) primary ownership, including an heir, successor, or assignee of an agricultural operation;

(d) participation in the day-to-day operations of a farm or ranch; and

(e) commitment to operate the farm or ranch for at least five years following application.

(3) Applicants must provide documentation of requested educational loan information including but not limited to total outstanding loan amount, loan servicer information, payment schedule, history, and interest rate.

 

History: 90-9-203, 90-9-501, MCA; IMP, 90-9-502, 90-9-504, MCA; NEW, 2020 MAR p. 570, Eff. 3/28/20.


 

 
MAR Notices Effective From Effective To History Notes
4-20-264 3/28/2020 Current History: 90-9-203, 90-9-501, MCA; IMP, 90-9-502, 90-9-504, MCA; NEW, 2020 MAR p. 570, Eff. 3/28/20.
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