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TeachMeFinance.com - explain Forestry Incentive Program (FIP) Forestry Incentive Program (FIP) The term 'Forestry Incentive Program (FIP) ' as it applies to the area of agriculture can be defined as ' Initiated in 1975 as an independent program and currently administered by the Natural Resources Conservation Service, FIP provides financial assistance for up to 65% of the cost of tree planting and timber stand improvement on private forest stands of less than 1,000 acres. Payments are limited to $10,000 per year. More than 4,500 forest owners with 165,000 acres participated in 1995. The program now is authorized under the Cooperative Forestry Assistance Act of 1978, as amended'. Previous 5 Terms: forest types forested wetland forester Forestland forestry Next 5 Terms: Forestry Incentives Program (F.I.P.) Forfeiture penalty (sugar) fork Format Formation About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.