Volume
34
Issue
2
Abstract
Penn State Cooperative Extension, in response to a farm legislation mandate, conducted financial management workshops at 18 sites with distance learning technology. Thirty hours of workshop instruction, a simplified presentation of financial statements, exercises to illustrate concepts, multiple-choice quizzes, homework based on own-farm records, and development of a four-year personalized farm plan, contributed to the success. Cash costs of $231 per borrower, and instructor-overhead costs, were reimbursed from a $290 tuition fee. The on-going mandate provides an opportunity for future Extension cooperation across state lines to a limited-resource segment of the farm population with a critical need for improved management practices.
Recommended Citation
Hanson, G., Delavan, W., & Power, L. (1996). Mandated Financial Training for FSA/USDA Farm Borrowers. The Journal of Extension, 34(2), Article 4. https://open.clemson.edu/joe/vol34/iss2/4
