764.302—Eligibility requirements.
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 reside in a rural area, city or town with a population of 50,000 or fewer people;
(e)
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
(f)
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.