The purpose of borrower training is to help an applicant develop and improve skills necessary to:

1. (a) Successfully operate a farm;
2. (b) Build equity in the operation; and
3. (c) Become financially successful and prepared to graduate from Agency financing to commercial sources of credit.

[72 FR 63298, Nov. 8, 2007, as amended at 89 FR 65041, Aug. 8, 2024]