Navy Issues Memo on New Student Loan Repayment Limits

The Navy HR policy and programs department has reissued

and updated Navy civilian employee student loan

repayment program and procedures.

The Defense authorization act for fiscal 2004 and the

Federal Employee Student Loan Assistance Act increased

the annual maximum agencies are authorized to pay under

the federal student loan repayment program from $6,000

to $10,000 per employee, and the lifetime limit from

$40,000 to $60,000 per employee, the guidance notes.

The memo is available here: http://www.donhr.navy.mil/

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