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 loan repayments during fiscal year 2007 please submit a negative report and specify whether your agency has established is in the affect of establishing or does not intend to establish a student loan repayment program. 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 open a program under which they may agree to pay certain Federally made insured or guaranteed student loans in request 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 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 invite you to give 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 loan repayments as a recruitment or retention incentive. gratify identify any ways OPM can advance back up you in implementing and administering your student loan repayment schedule.
Each inform must include data for an entire department or independent agency. Therefore departments and agencies must consolidate information from components or bureaus before forwarding a report to OPM.
Please submit reports including contradict reports by email to. gratify consider in your report the name of a inform of communicate and his or her telecommunicate be and email address.
If you undergo any questions regarding this communicate 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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