Welcome to our Youth Lending Program, dedicated to supporting the youth of Colusa and Glenn Counties engaged in livestock projects within qualifying 4-H, FFA, Independent, or Grange chapters.
Beneficial Learning Experience
We aim to provide a positive and educational experience for all participants.
Promotion of Agricultural Programs
We actively support and promote agricultural-related programs within youth organizations.
Community Visibility
Our program seeks to enhance the visibility of the Association within the local community.
Financial Empowerment
We strive to equip participants with essential financial skills, promoting responsible financial management and planning for their future.
Program Guidelines:
To apply for the Youth Lending Program, applicants must adhere to the following requirements: Submit a completed electronic or hard copy of the loan application. Electronic copies can be sent to youth@fcscolusaglenn.com. Applications must be submitted no later than 60 days before the applicable fair's official weigh-in date.
Who Can Apply?
Be at least 9 years old and up to one year after graduating high school.
Be an active member of a qualifying 4-H, FFA, Independent, or Grange chapter.
Loan Terms:
Loans are provided on a one-year term basis.The maximum loan amount is $3,000 (excluding interest).
Utilization of Funds:
Loan funds must be used for the purchase of a market animal and related project expenses.
Interest Policy:
The Association does not charge any interest on the funds provided.
Repayment:
All advances will be made payable to the youth.
Upon the sale of the market animal, all loan funds disbursed must be repaid before the loan maturity date.
Co-signer Information:
One adult, aged 18 years or older, must co-sign on all youth loans.
The co-signer should not have any unsatisfied liens, judgments, or lawsuits against them. All taxes must be paid and up to date for the co-signer.
The co-signer cannot have filed for bankruptcy, faced foreclosure, or defaulted on a loan.
