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Article
23
Student Loan Repayment Program
Section
1. General
The Department has established a Student Loan Repayment Program
pursuant to 5 U.S. Code § 5379 and 5 CFR 537 and other
applicable rules and regulations. The purpose of the program
is to attract or retain highly qualified individuals by assisting
them in repaying their outstanding Federally insured student
loans. There is no entitlement to participation in the program.
Repayment of student loans by the Department is at Management’s
discretion and subject to budgetary considerations.
Section 2. Consideration
a. Should an employee wish to be considered for this program,
he/she may communicate such interest to the immediate supervisor.
Management will provide a response to the employee in a
timely manner.
b. In accordance with 5 CFR 537.103(a)(5), the Department‘s
consideration will ensure fair and equitable treatment.
c. In accordance with 5 CFR 537.106(c), repayments of student
loans are subject to maximum limits of $10,000 per calendar
year and a total of $60,000 per employee.
Section 3. Criteria
Criteria applicable to this program are stipulated in 5 U.S.
Code § 5379 and 5 CFR 537.105. As pertains to bargaining
unit employees, the following apply:
a. Written determination. Loan repayments made under this
program must be based on a written determination that, in
the absence of offering loan repayment benefits, Management
would encounter difficulty either in filling the position
with a highly qualified candidate, or retaining a highly
qualified employee in that position.
b. Determination for retention. Payments authorized in order
to retain an employee must be based upon a written determination
that the high or unique qualifications of the employee or
special need of the Department for the employee’s
services makes it essential to retain the employee, and
that, in the absence of offering student loan repayment
benefits, the employee would be likely to leave for employment
outside the Federal service. This determination must be
based on a written description of the extent to which the
employee’s departure would affect Management’s
ability to carry out an activity or perform a function that
is deemed essential to the Department’s mission.
c. When selecting employees to receive loan repayment benefits,
the Department will, consistent with the merit system principles
set forth in paragraphs (1) and (2) of section 2301(b) of
Title 5 of the U.S. Code, take into consideration the need
to maintain a balanced workforce in which women and members
of racial and ethnic minority groups are appropriately represented
in Government service.
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