Thank you for considering applying for supportive funds from the Park County 4-H Council.  Our goal is to provide our members with education and opportunities through financial support.

Placement of Funds:

• Collected funds will be placed in the Park County 4-H endowment account under a designated loan line item.
  These funds shall be used only for the purposes listed below.
  Park County 4-H will pay loan amounts to qualifying 4-H member(s) and collect principal and interest at the termination of the loan(s).

Use of Funds:

• These funds will be used to provide seed money for 4-H members to buy materials, equipment, feed or stock for 4-H projects.

Loan Details:

• Four or more loans will be made.
• Maximum loan amounts will be $1,000 or the animal’s market price whichever is the smallest amount.
• To obtain a loan 4-Hers must complete the Loan Application Form. (See Attached form)
• Loan amounts will be based off reasonable estimates provided by the youth during the application process.

Three loan options are available.

• Loan length will be one 4-H year (October 1st through September 30th) for market and static projects. Monies are due after the receipt of Junior Livestock Sale check for market projects
• Loan length will be six months (March 1st through September 30th) for market and static projects. Monies are due after the receipt of Junior Livestock Sale check for market projects
• Loan length will be three 4-H years (October 1st through September 30th) breeding projects. ¼ of the monies are due after the second year and ½ of the monies are due at the end of the third year.

4-H member must show the project (Static or animal(s)) at the Park County Fair.

At the end of the loan period members must complete the following:

• Pay ¾ of the loan amount back to the Park County 4-H Loan Fund.
• Save ¼ of the loan amount in the account that they determine is best to be used in future 4-H project endeavors or life impacting opportunities.
• 4-H member will pay the Prime Interest Rate as of Oct. 1st of the current 4-H year, currently 3.25% A.P.R., on the principal for the length of the loan if not paid in full at the end of the loan.
• 4-H member must submit a completed portfolio including appropriate project records for the funded project by the county portfolio deadline.
• Completed application forms are due in the Extension Office the first Friday in October or March. Applications will be reviewed and money will be awarded in November or April.
• 4-H member is eligible to re-apply for these funds for two loan periods provided they complete all necessary requirements their first year.
• The member will repay the loan in full if the project is not completed as required.

Loan Selection: A selection committee of 4-H members and leaders will be determined by the Park County 4-H Council. Selection will be based off a point matrix