{"data":{"id":"us-mt/90-9-502","jurisdiction":"us-mt","citation":"90-9-502","heading":"(Temporary) Eligibility -- amount of loan repayment assistance.","body":"(1) A farmer is qualified for loan repayment assistance if the farmer:\n(a) is a resident of Montana whose primary occupation is to operate a farm;\n(b) has graduated from a postsecondary institution as defined in 20-26-603 with an associate degree or a baccalaureate degree; and\n(c) commits to operate the farm for at least 5 years after applying for loan repayment assistance pursuant to this part.\n(2) A farmer who is qualified pursuant to subsection (1) is eligible for loan repayment assistance for up to a maximum of 5 years.\n(3) The total amount of loan repayment assistance for an eligible qualified farmer may not exceed 50% of the total amount of educational loans outstanding on the application date for loan repayment assistance.\n(4) A farmer who qualifies for and receives loan repayment assistance shall repay that assistance if the farmer ceases to operate the farm before the end of the 5-year commitment. (Terminates June 30, 2029--sec. 16, Ch. 439, L. 2019.)","path":["TITLE 90. PLANNING, RESEARCH, AND DEVELOPMENT","CHAPTER 9. AGRICULTURE DEVELOPMENT","Part 5. Farmer Loan Repayment Assistance Program"],"source_url":"https://mca.legmt.gov/bills/mca/title_0900/chapter_0090/part_0050/section_0020/0900-0090-0050-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T05:02:01Z","sha256":"526ce9544c16fd7f788b824218a3505e7cc2e7fd2545f51622f0549502f21517","source_id":"us-mt","stale":false,"prev":"us-mt/90-9-501","next":"us-mt/90-9-503"},"notice":"GroundRules: Original legal text. Not legal advice."}