Applications for special low-interest loans of up to $500 to help FFA students at Danville and other area high schools are due Oct. 1.
According to a Loudonville FFA press release, the loans were designed to promote Supervised Agricultural Experience projects that develop agribusiness skills alongside leadership abilities.
Active FFA students enrolled in Loudonville, Clear Fork, Lucas, Hillsdale, Triway, West Holmes and Danville high schools are eligible for financial assistance.
The loans can be used for diverse purposes, such as the purchase of a market hog, feed, and show equipment for those raising livestock; the purchase of lawn mowers, other equipment and even gasoline for those doing landscaping; seeds and potting soil for those with plant-based projects; and more, the release said.
The Loudonville FFA Alumni & Supporters developed the loan program in 2020 in partnership with Park National Bank, which administers the loans and receives payments. Students are eligible for loans up to $500, with a simple 5% interest applied to the loan (for a maximum interest of $25 over the life of the loan).
Applications for fall funding are due on Oct. 1, or students working on summer projects can also apply by April 1 – summer funding is also available to incoming freshmen if they participated in FFA as eighth graders.
To learn more or download an application, visit loudonvilleffa.com. Address questions via email to alumni@loudonvilleffa.com.
