skip to Main Content

New York State Young Farmers Loan Forgiveness Incentive Program

Who It’s For: New York State residents who recently graduated from an approved New York college or university, and agree to operate a farm in New York State on a full time basis for at least five years.

How to Apply: You can check the program’s website for application information, though it is only available during the active application cycle.

What Loans Qualify: New York State loans, federal loans, or private loans made by commercial entities subject to governmental examination. Parent PLUS loans do not qualify.

How Much?: Up to $10,000 per year, for up to a total of $50,000.

Anything Else I Should Know?:  There can only be up to ten approved recipients of this program per year, and priority is given to prior recipients who are continuing their service.