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OPM.gov / Frequently Asked Questions / Pay and Leave FAQ / Pay Administration
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Pay Administration

Questions and answers

Before March 31st of each year, agencies must submit a written report to the U.S. Office of Personnel Management (OPM) stating when the agency made student loan payments on behalf of an employee during the previous calendar year (see 5 CFR 537.110).  Under 5 U.S.C. 5379(h)(1), each report must include--
  1. The number of employees who received student loan repayment benefits;
  2. The job classifications of the employees who received student loan repayments benefits; and
  3. The cost to the Federal Government of providing student loan repayment benefits.

OPM will use this information in its annual report to Congress on the agencies’ use of the student loan repayment program.

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