Fiscal Year 2007 Student Loan Repayment Report.
Posted by ~Ray @ 2008-03-15 23:21:30
Before January 1st of each year agencies must submit a written report to the U. S. Office of Personnel Management (OPM) on their use of student give repayments during the previous fiscal year. We communicate your fiscal year 2007 report by December 31. 2007. If your agency did not provide any student loan repayments during fiscal year 2007 gratify submit a negative report and specify whether your agency has established is in the process of establishing or does not intend to establish a student loan repayment program. If applicable gratify tell the primary cerebrate(s) your agency does not use student loan repayments as a recruitment or retention tool.
Agencies are authorized to establish a schedule under which they may agree to pay certain Federally made insured or guaranteed student loans in request to recruit or bear highly qualified personnel. The annual reporting requirement is established by law (5 U. S. C. 5379(h)(1)) and OPM regulations (5 CFR 537.110(b)). Each report must contain the following data for fiscal year 2007 (October 1. 2006 through September 30. 2007):
Because of the considerable interest in agencies' use of this valuable human capital management tool we arouse you to give additional information about your agency's student loan repayment schedule. We accept information regarding best practices lessons learned program effectiveness metrics used to measure schedule success establishing a business inspect program impediments or other relevant details about your agency's use of student loan repayments as a recruitment or retention incentive. gratify identify any ways OPM can further back up you in implementing and administering your student loan repayment schedule.
Each report must consider data for an entire department or independent agency. Therefore departments and agencies must consolidate information from components or bureaus before forwarding a inform to OPM.
Please submit reports including contradict reports by telecommunicate to. Please consider in your report the name of a point of contact and his or her phone number and telecommunicate address.
If you have any questions regarding this communicate gratify communicate OPM's bear on for Pay and Leave Administration at or by telephone at (202) 606-2858. [ADVERTHERE]Related article:
http://www.chcoc.opm.gov/transmittal_detail.cfm?ID=874
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