[Code of Federal Regulations]
[Title 5, Volume 1]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR537.103]

[Page 488]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT
 
PART 537--REPAYMENT OF STUDENT LOANS--Table of Contents
 
Sec. 537.103  Agency loan repayment plans.

    (a) Agency loan repayment plans. Before repaying any student loans 
under this part, the head of an agency must establish a student loan 
repayment plan. This plan must include the following elements:
    (1) The designation of officials with authority to review and 
approve offering student loan repayment benefits (agencies should use 
approval delegations which are similar to those used for other 
recruitment and relocation incentives);
    (2) The situations when the loan repayment authority may be used;
    (3) Criteria that must be met or considered in authorizing loan 
repayments, including criteria for determining the size and timing of a 
payment(s);
    (4) Procedures for making loan payments;
    (5) A system for selecting employees to receive repayment benefits 
that ensures fair and equitable treatment;
    (6) Requirements for service agreements (including a basis for 
determining the length of service to be required if greater than the 
statutory minimum) and provisions for recovering any amount outstanding 
from an employee who fails to complete the period of employment 
established under a service agreement and for conditions when the agency 
decides to waive the employee's obligation to reimburse the agency for 
payments made under this part; and
    (7) Documentation and recordkeeping requirements sufficient to allow 
reconstruction of the action taken in each case. (when an employee is 
considered for the repayment benefit.)
    (b) [Reserved]