Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 5198.3 - Agriculture Education Loan Forgiveness Program(a) Eligibility.--Qualified applicants who are selected for the Agriculture Education Loan Forgiveness Program, in accordance with this act, shall be eligible for payment by the agency of a portion of the debt incurred by the applicant through the agency-administered Guaranteed Student Loan Programs for the education necessary to receive a degree in an agriculturally related field.(b) Time.--The agency shall forgive a proportional part of the applicant's loan for each year that the applicant:(1) is employed full time on a family farm or works full time on a family farm, a portion of which must be located within this Commonwealth;(2) meets the requirements of paragraph (1)(ii) of the definition of "qualified applicant" in section 2 and is engaged as a full-time teacher of an agricultural curriculum at the elementary or secondary level in a public or private school within this Commonwealth; or(3) is engaged in the mixed practice of veterinary medicine within this Commonwealth, a portion of which activity must be for the protection and enhancement of agricultural animal health and productivity, and who has obtained U.S.D.A. certification.(c) Maximum forgiveness.--No more than $2,000 shall be forgiven in any year, and no more than $10,000 shall be forgiven for any applicant. Awards shall be made in accordance with the procedures established by the agency.1992, June 26, P.L. 322, No. 64, § 3, imd. effective. Amended 2004, Nov. 29, P.L. 1392, No. 181, § 2, effective 1/28/2005.