The following are various student loan programs participating
agencies may offer to Finalists and Fellows. Finalists should
ask the hiring agency if it participates in any of these programs
when interviewing for a PMF appointment. The PMF Program Office
does not track what agencies offer. Current Fellows should consult
with their agency's HR Office for any questions.
Federal Student Loan Repayment Program:
Federal agencies are authorized to repay student loans under the
Federal Student Loan Repayment Program, as provided for in Part 537
of Title 5, Code of Federal Regulations. The amount paid by
the agency is subject to the following maximum limits: (1)
$10,000 per employee per calendar year, and (2) a total of $60,000
per employee. Finalists accepting appointments as Fellows are
eligible to receive student loan repayments; however, these
programs are agency-specific.
Before repaying any student loans, the agency must establish a
student loan repayment plan, which is to include the designation of
officials with authority to review and approve repayment benefits,
situations when the loan repayment authority may be used and
criteria that must be met, procedures for making loan payments, a
system for selecting employees to receive repayment benefits that
ensures fair and equitable treatment, requirements for service
agreements, and documentation and recordkeeping requirements.
For complete details, visit OPM's website at https://www.opm.gov/policy-data-oversight/pay-leave/student-loan-repayment.