May 27, 2014
In the quest for point payback, an AQHA Incentive Fund competition license must be filed every year.
Note: Breeder, owner and exhibitor feedback is driving changes to the AQHA Incentive Fund. To make the program more beneficial to all competitors, effective January 1, 2016, competition licenses will no longer be required, and the point cap will change to one plus the average number of points earned during the year. Learn more about these changes to the AQHA Incentive Fund.
Between training, shoeing, feeding, grooming and hauling, the costs all add up before you even get to an AQHA show. But what if there was a way to receive remuneration for every AQHA point earned? Wait – there is a way! It’s called the AQHA Incentive Fund, and when it was created in the early 1980s, putting money in owners’ and breeders’ pockets was exactly what the founders had in mind.
Thirty years later, a few changes were needed to keep the Incentive Fund viable. Ushered in January 1, 2012, one of those changes was the instatement of an annual competition license.
Here’s how it works: For the owner of an Incentive Fund-nominated horse to receive payment for any point earned that year, the owner must file a competition license prior to earning points. Let’s take a look at the competition license facts:
- Incentive Fund competition licenses expire December 31 every year.
- A $50 fee must be paid per division – $50 for amateur and $50 for open – per horse to earn Incentive Fund payouts.
- The license fee may be paid at any time during the year.
- The annual license must be paid and filed prior to earning points to earn Incentive Fund money.
The AQHA Incentive Fund utilizes the most familiar and proven concept in the American Quarter Horse Show industry: points won at AQHA shows. Learn how to navigate the program’s waters with the free AQHA Incentive Fund brochure.
If you’d like to take part the Incentive Fund and start earning money for your AQHA points, the place to begin is with Incentive Fund nomination. For owners who already have nomination
crossed off their list, the next step is to download and complete the annual competition license. Forms can even be found and completed at AQHA shows.
Should you need assistance, AQHA Customer Service is always here to help at (806) 376-4811, and license fees may be paid over the phone to expedite the process.