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NEBRASKADudley Beyer Program/Project Title: IDB-Based Agricultural Loan Program (Aggie Bonds) Program Began: 1982 Contact Person: Dudley Beyer Cost/Funding: Over $109 million (inception through 2007) Target Group: Beginning Farmers and Ranchers Description: Eligibility requirements, other than net worth, are defined by federal tax law. Loans can be used to purchase agricultural land, improvements, or depreciable personal property (including breeding livestock). Total loan limits are $250,000 and depreciable personal property loans or the depreciable personal property portion of loans cannot exceed $62,500. Borrower current net worth cannot be in excess of $500,000 and they cannot have owned (either currently or in the past) farm land which is/was greater than 30 percent of the median size of farms for that county in which the parcel is/was located, as well as not ever having had a value of greater than $125,000. Program/Project Title: [Governor’s] Agricultural Excellence Awards Program Began: 1997 Contact Person: Dudley Beyer Cost/Funding: $50,000 each year Target Group: 4-H Club and FFA Chapter members Description: NIFA-sponsored awards given in the name of and co-presented with the Governor of Nebraska. The awards are to allow 4-H and FFA members to explore careers in agriculture by strengthening their educational programs which emphasize agricultural and life skills, and also for strengthening the image of agriculture in local communities. $25,000 is given to the top 4-H Clubs and $25,000 is given to the top FFA Chapters, which compete for the award. It is stressed that the award is funded by NIFA discretionary funds and no tax dollars are used.
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