|Subchapter 4537 - Repayment of Student Loans
Effective 2/12/2001, OPM's regulations:
This HRDG subchapter, which supplements MRP Directive 4537.1, provides operating guidelines for repaying student loans.
Employee means a highly qualified candidate who has been appointed to a job or a highly qualified current employee in the GS, FWS, AD or career SES pay systems. Employees in these pay systems are eligible for this program, if all other conditions are met.
Service Agreement means a written agreement between the Agency (i.e., AMS or APHIS) and an employee, where the employee agrees to remain employed with the Agency for at least 3 years in return for the Agency paying in full or in part the employee's student loan(s). Use MRP Form 251-R.
Student Loan means a:
A list of qualifying student loans can be found on the Internet here.
As an employee participating in this program you are responsible for:
To repay a loan, you must:
Note: Remember to check the OPM web site to see the list of qualifying student loans that are eligible for repayment under this policy.
|Servicing Personnel Office||
Your Servicing Personnel Office (SPO) will:
|Human Resources Enhancement Branch||
Human Resources Enhancement Branch will:
| Authority to Recommend a Loan
Managers and supervisors with the authority to take personnel actions (e.g., hire, promote) may recommend the repayment of a student loan(s) for a current or new employee.
AMS: The Deputy Administrator is delegated the authority to recommend loans. This authority may not be further re-delegated.
| Authority to Approve
APHIS and GIPSA: You may approve the repayment of a student loan(s) if you:
You may not re-delegate approval authority to a lower supervisory/managerial level.
AMS: Approval authority is the Administrator or the Associate Administrator. This authority may not be further re-delegated.
|Considerations for Recommending and Approving Officials||
To use this incentive consider:
Remember, you must:
The SPO must maintain the following information:
Note: OHRM will request Race, Sex, National Origin, and Disability information from the NFC data base (Appendix C, DR 4050-537, dated April 2, 2002).
Note: Throughout the duration of the service agreement, any changes to its terms must be documented and agreed to, in writing by both the Agency and the employee with a copy provided to the SPO for any necessary action.
Incentives offered under the Federal Employees Pay Comparability Act (i.e., student loan repayment) may be destroyed by the SPO three (3) years after the date of approval, upon completion of the service agreement, or upon termination of the incentive or differential payment, whichever is later. Longer retention is permitted if required for business use. See DAA-GRS-2016-0015-0011.