Free $$$$$ to Pay Off Federally Insured Student Loans

The U.S. Federal Government has established a student loan repayment program which authorizes agencies to repay certain types of federally insured student loans as a recruitment or retention incentive for highly qualified personnel. If you qualify, an agency may agree to provide student loan repayment benefits of up to $10,000 per calendar year, subject to a cumulative maximum of $60,000 per employee. Contact The Office of Personnel Management, 1900 E Streets NW, Washington, DC 20415-1000; 202-606-1800; www.opm.gov/oca/PAY/StudentLoan/index.asp.

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One Response to Free $$$$$ to Pay Off Federally Insured Student Loans

  • To Whom It may Concern:
    I am current unemployed again and have been sine June 16, 2011. I have no assets to speak of and live with parent. At present time my unemployment is all I have as Income. I was told by Sallie Mae a few years ago that my student loan would be taken care of due to the economic downturn and the stimulus plan under president bush at that time. Sallie mae is suddenly done a 180 degree turn about on this. I have no money, job or resources. Please advise if you can take care of this.

    Thank You
    Michael Durbin

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