Fiscal Year 2007 Student Loan Repayment Report.
Posted by ~Ray @ 2008-03-15 23:21:30
Before January 1st of each year agencies must refer a written inform to the U. S. Office of Personnel Management (OPM) on their use of student loan repayments during the previous fiscal year. We communicate your fiscal year 2007 inform by December 31. 2007. If your agency did not provide any student loan repayments during fiscal year 2007 gratify refer a contradict inform and contract whether your agency has established is in the affect of establishing or does not intend to establish a student loan repayment schedule. If applicable please indicate the primary reason(s) your agency does not use student give repayments as a recruitment or retention drive.
Agencies are authorized to establish a schedule under which they may accept to repay certain Federally made insured or guaranteed student loans in order to recruit or retain 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 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 invite you to provide additional information about your agency's student give repayment program. We welcome information regarding best practices lessons learned program effectiveness metrics used to measure program success establishing a business case program impediments or other relevant details about your agency's use of student give repayments as a recruitment or retention incentive. Please identify any ways OPM can further back up you in implementing and administering your student loan repayment schedule.
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 refer reports including negative reports by email to. Please include in your report the name of a point of communicate and his or her telecommunicate number and telecommunicate communicate.
If you have any questions regarding this request gratify contact OPM's bear on for Pay and Leave Administration at or by telecommunicate at (202) 606-2858. [ADVERTHERE]Related article:
http://www.chcoc.opm.gov/transmittal_detail.cfm?ID=874
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