What is the Stallion Incentive Fund Licensing program?
NSBA introduced the Stallion Incentive Fund (SIF) Licensing program beginning in 2008 for horses of all ages. All licensed horses are eligible to earn incentive fund points based on Dual Approved and Special Event shows earning cash value. The purse is derived from proceeds generated through the online Stallion Service Auction for the current year, and a portion of sanction fees collected. All NSBA points earned in Dual Approved and Special Event Open and Amateur classes will be paid out, excluding green and novice classes. In 2017, NSBA paid out $31.00 per point.
The stallion nominator receives 10% of the earnings of offspring, the horse nominator earns 10% and the owner of the horse earns 80% of the License payout.
How do I know if my horse is eligible to be licensed?
To be licensed, a horse must be sired by a stallion that sold a breeding in the NSBA Stallion Service Auction the year the horse was foaled. Eligible stallions are listed on the NSBA website, www.nsba.com, under Programs/Stallion Incentive Fund/ Stallion Listing .
Does my horse need to be licensed to show in NSBA classes?
No. To Show in NSBA classes both the owner and exhibitor are required to be NSBA members. The horse does not need to be licensed. The license provides the eligibility to earn money for points earned in NSBA Dual Approved and Special Events classes.
What is the fee structure for licensing horses?
Weanlings sired by sold stallions can be licensed by December 15th of foaling year for $125.
After that, horses sired by sold stallions can be licensed as follows:
Yearlings by May 15th of yearling year: $200
Yearlings after May 15th of yearling year: $1000
Two Year Olds: $2000
Certificate of Eligibility
Once the enrollment form has been received and validated and a copy of the breed registration papers have been forwarded to the NSBA office, a Certificate of Eligibility is mailed to the foal owner. The Certificate must be current when the horse is shown. Any changes in information will need to be forwarded to the NSBA office, along with a transfer form. The fee for changes including those listed below is $35. Please note that a copy of the horse's registration papers showing current ownership must accompany the transfer form.
- Change in ownership
- Change in the name of horse
- Loss of original certificate