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Reader Question: Federal Student Loan Repayment Program

Q: I was recruited for my job with the promise that some of my student loans would be repaid by the agency I work for. I've noticed on my pay stubs that I am paying taxes on this. Is that correct? A: First, congratulations on the job! To answer your question, the federal student loan repayment program does allow agencies to repay federally insured student loans as a recruitment incentive for job candidates. The program authorizes agencies to set up their own student loan repayment programs to attract or retain highly...

2014 Federal Handbooks Now Available

ARLINGTON, VA - Federal Handbooks has released their FREE 2014 handbooks for federal employees. These handbooks, written specifically for federal agency employees, include a variety of information about pay, benefits, education, travel, healthcare and retirement. Download any of the handbooks for FREE or purchase a printed copy. Don't forget to tell all of your federal colleagues about these free handbooks too! 2014 Federal Handbooks - Now Available - 2014 FEDERAL RETIREMENT HANDBOOK - 2014 FEDERAL HEALTH BENEFITS...

Loans Available in the Federal Student Loan Repayment Program

Yesterday, we looked at an overview of the Federal Student Loan Repayment Program. Here is a list of the loans that qualify under the student loan repayment program that you should consider: Federal Family Education Loans (FFEL): •  Subsidized Federal Stafford Loans •  Unsubsidized Federal Stafford Loans •  Federal PLUS Loans •  Federal Consolidation Loans   William D. Ford Direct Loan Program (Direct Loans): •  Direct Subsidized Stafford Loans •...

Federal Student Loan Repayment Program Eligibility for Federal Employees

The federal student loan repayment program permits agencies to repay federally insured student loans as a recruitment or retention incentive for candidates or current employees of the agency.  The program authorizes agencies to set up their own student loan repayment programs to attract or retain highly qualified employees. Be aware that employees are not automatically entitled to a student loan repayment. Agencies have discretionary authority to repay certain types of federally insured student loans as a recruitment or retention...

US Department of Health and Human Services Education Benefits

The United States Department of Health and Human Services, like many federal agencies, offers education benefits designed not only to provide financial assistance but to offer valuable experience. In many cases, these benefits are extended not only to agency employees, but to anyone who meets the qualifications. Please note that qualification requirements for these benefits may change over time. Contact the agency directly with any questions or to apply.   Extramural Clinical Research Loan Repayment Program for Individuals...

US Department of Education – Education Benefits

The US Department of Education, like many federal agencies, offers education benefits designed not only to provide financial assistance but to offer valuable experience. In many cases, these benefits are extended not only to agency employees, but to anyone who meets the qualifications. Please note that qualification requirements for these benefits may change over time. Contact the agency directly with any questions or to apply.   Department of Commerce (DOC) Internship Program for Post-Secondary Students WHAT...

Decline in student loan repayment incentives for federal employees

A recent OPM report showed a decline in the use of student loan repayment incentives for federal employees in 2011, which it said reflected tighter budgets and personnel controls, particularly at the Defense Department. Below is a summary of spending reported by the OPM for various federal agencies: Thirty-four Federal agencies provided 10,134 employees with a total of more than $71.8 million in student loan repayment benefits in 2011. This represents nearly an 11 percent decrease in the number of employees receiving student...

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