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Member Student Loan Repayment Program Payment Amount is the dollar amount of a disbursement made under the student loan repayment program for the purpose of repaying a portion of a student loan incurred by a qualified DoD Military Service member.
Usage
Member Student Loan Repayment Program Payment Amount is used to document the dollar amount of a disbursement made under the student loan repayment program for the purpose of repaying a portion of a student loan incurred by a qualified DoD Military Service member.
The head of an agency may, in order to recruit or retain highly-qualified personnel, establish a program under which the agency may agree to repay (by direct payments on behalf of the employee) any student loan previously taken out by such employee. (Ref: 5 USC 5379 (b)(1)) |