Department of state student loan repayment program
Nurse Corps provide federal loan repayment program for registered nurses and advance nurse practitioners working at Critical Shortage Facilities CSF located in primary care or mental Health Professional Shortage Areas; or nurse faculty at accredited nursing schools. FLRP helps eligible health professions faculty from disadvantaged backgrounds to repay their student loans.
Educational support for eligible military veterans, including those in certain health professions. For eligible veterinarians who agree to serve in a NIFA-designated veterinarian shortage situation for a period of three years.
A set of programs established by Congress and designed to recruit and retain highly qualified health professionals into biomedical or biobehavioral research careers. The PSLF forgives the remaining balance on your Direct Loans after you have made qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
IHS clinicians can get assistance to repay their eligible health profession education loans in exchange for an initial two-year service commitment to practice in health facilities serving American Indian and Alaska Native communities. Department policy allows employees to receive 2 consecutive years of payments without an extension of the 3-year commitment.
In most instances, employees who continue to qualify each year will have a service commitment of 1 year longer than the number of years they benefit from the repayments. Consular Fellows serving on month limited noncareer appointments LNAs may qualify for up to 3 years of SLRP incentives, as long as the final date of their appointment allows for compliance with the service commitment requirements set forth in 3 FAM , paragraph a. The Department considers agreements executed after the initial 3-year agreement to be a separate service commitment period for purposes of reimbursement.
Civil Service or Foreign Service applicants, other than Consular Fellows, enter into the service agreement online during the open season application period.
For Civil Service or Foreign Service applicants other than Consular Fellows, the effective service agreement date will be the last day of the open season application period in which the employee qualifies for the program.
The initial service commitment period will begin on the effective date of the service agreement and conclude 3 years thereafter. The service commitment periods in connection with any future service agreements entered into pursuant to 3 FAM , paragraph a, will also begin effective the last day of the open season application period in which the employee qualified for the program, where the employee is no longer covered by a prior service agreement.
Eligible Consular Fellows who have been approved for the SLRP recruitment incentive prior to entry on duty EOD must enter into the service agreement during the online SLRP incentive verification process, whereby they will also verify certain factual information relating to their loans.
Consular Fellows will complete the online verification process shortly after their entry on duty. Pursuant to 3 FAM , paragraph a, in order to receive a third year of SLRP incentives, a Consular Fellow must enter into a new service agreement for 1 additional year of service. There may be additional terms and conditions in the service agreement, which are subject to change annually. The service commitment period will be extended when an employee is in an unpaid status including LWOP.
As provided by 5 CFR The period of service, and any other related terms and conditions, required by a Recruitment Bonus Service Agreement, Retention Bonus Service Agreement, or Relocation Bonus Service Agreement, is separate and distinct from the period of service, and any other related terms and conditions, required under a Student Loan Repayment Service Agreement.
The period of service required by participation in the Student Loan Repayment Program may run concurrently with other service agreements. Civil Service and Foreign Service employees, including Consular Fellows, are required to repay SLRP funds paid on their behalf if they voluntarily resign or retire from the Department, transfer to another federal agency, or are involuntarily separated for misconduct, unacceptable performance, or a negative suitability determination, before completing the agreed-upon period of service see paragraph 14 in the Service Agreement, and 5 CFR In most instances, the net indebtedness will be the total of all funds obligated less Old Age, Survivors, and Disability Insurance and Medicare contributions.
When the indebtedness is repaid, the Bureau of the Comptroller and Global Financial Services will provide the employee with a letter of credit that the employee may be able to use to claim a Federal tax deduction or credit in the current tax year. See 4 FAM ; and. Employees are not eligible for the student loan repayment program if they encumber one of the appointment types outlined in 3 FAM Employees in leave without pay or another unpaid status at the time of application are generally ineligible for the SLRP incentive as described in 3 FAM There is no open season application period for Consular Fellows.
Application periods and additional information will be widely announced by Department Notices and cables. The purpose of the application and database collection system is to determine employee eligibility for the SLRP.
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