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 loan repayments during the previous fiscal year. We request your fiscal year 2007 report by December 31. 2007. If your agency did not provide any student give repayments during fiscal year 2007 please submit a contradict report and specify whether your agency has established is in the process of establishing or does not intend to open a student loan repayment program. If applicable please tell the primary reason(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 accept to pay certain Federally made insured or guaranteed student loans in order 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 inform must include the following data for fiscal year 2007 (October 1. 2006 through September 30. 2007):
Because of the considerable arouse in agencies' use of this valuable human capital management tool we invite you to provide additional information about your agency's student loan repayment program. We accept information regarding best practices lessons learned program effectiveness metrics used to measure schedule success establishing a business case program impediments or other relevant details about your agency's use of student loan repayments as a recruitment or retention incentive. gratify determine any ways OPM can further assist you in implementing and administering your student loan repayment program.
Each report must include 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 negative reports by email to. Please include in your report the name of a inform of communicate and his or her phone number and email address.
If you have any questions regarding this request please contact OPM's Center 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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