Defaulted student loans recovering consolidating online dating email call to action
Periods of leave without pay, or other periods during which the employee is not in a pay status, do not count toward completion of the required service period. 5379 and 5 CFR part 537, Federal agencies are authorized to implement a program under which they may agree to repay certain types of student loans as a recruitment or retention incentive for highly qualified personnel. 5379 as amended, is limited to student loans authorized by the Higher Education Act of 1965 and the Public Health Service Act.
The Federal student loan repayment program permits agencies to repay Federally insured student loans as a recruitment or retention incentive for candidates or current employees of the agency. Each agency must develop a plan to describe how the program will be implemented.
An employee receiving this benefit must sign a service agreement to remain in the service of the paying agency for a period of at least 3 years.
An employee may use [FORM NUMBER] for providing payment information in lieu of providing information on the employee, lender/note holder, and loan account separately.
If you are using assistive technology to view web content, please ensure your settings allow for the page content to update after initial load (this is sometimes called "forms mode"). 5379, which authorizes agencies to set up their own student loan repayment programs to attract or retain highly qualified employees. (See Q&A 17 for examples of the types of student loans that are eligible for repayment.) Although the student loan is not forgiven, agencies may make payments to the loan holder of up to a maximum of $10,000 for an employee in a calendar year and a total of not more than $60,000 for any one employee.
Alert box notification is currently enabled, please follow this link to disable alert boxes for your profile. As with any incentive, this authority is used at the discretion of the agency.