Federal Register. CDC/ATSDR Educational Loan Repayment Program. Start Preamble. AGENCY: Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (DHHS).
SUMMARY: This notice announces the implementation of the CDC/ATSDR Educational Loan Repayment Program (ELRP) intended to assist in the recruitment and retention of highly qualified health professionals for hard- to- fill positions. The ELRP is a pilot program and will be used for the period permitted by legislation (currently September 3. EFFECTIVE DATE: November 1, 2. Start Further Info. FOR FURTHER INFORMATION CONTACT: Dale J. Indergaard, Compensation Program Manager, CDC, Human Resources Management Office, 4.
Buford Hwy, Mailstop K- 0. Atlanta, Georgia, 3. End Further Info. End Preamble. Start Supplemental Information. SUPPLEMENTARY INFORMATION: The Centers for Disease Control and Prevention (CDC) intends to implement an Educational Loan Repayment Program (ELRP) authorized under 4. U. S. C. 2. 47b- 7 as a recruitment and retention incentive for highly qualified health professionals in hard- to- fill positions.
NHSC Loan Repayment Program (LRP) participants also earn competitive salaries from their site and other benefits in addition to loan repayment. A loan with a solid repayment record is. Are Student Loan Repayment Plans The Next Big Employee Benefit? Updated on 08/7/2016 at 07:08:55 For PwC, the program provides an optional benefit of $1,200 a year. Welcome To CDC Small Business Finance’s On-line Fee Payment Process To move your loan forward you can pay your fee via PayPal. Please fill out your company name and. Benefits and Obligations. The Loan Repayment Programs pay up to $25,000 a year toward the qualified educational loans of program participants.
The ELRP will be implemented on a pilot basis beginning November 1, 2. During this time frame, up to nine (9) loans to assist in recruitment may be considered for repayment. A participant must have received a bonafide offer of employment from CDC to be eligible to participate in the ELRP. Additionally, loans to assist in the retention of current CDC employees will be considered. Approximately April 1, 2. CDC will conduct an analysis of the effectiveness of the ELRP in its recruitment and retention efforts and will determine whether continuation of the ELRP is warranted.
Under the ELRP, a maximum of $3. The participant is responsible for a loan repayment equal to a total of 1. CDC base salary, while the ELRP will repay at a rate of 1/3 of the remaining repayable debt (up to the maximum allowable) for each of the three years. The participant must sign a contract agreeing to remain employed by CDC for a period of not less than three years. Failure to complete the minimum three- year service agreement period will be considered a breach of contract and will subject the ELRP participant to assessment of monetary penalties and damages.
NIH Student Loan Repayment Program; Funding Opportunities and Other. The NIH Loan Repayment Programs cannot attest to the accuracy of a non-federal Web. The Federal student loan repayment program permits agencies to repay Federally insured student loans as a recruitment or retention incentive for candidates or. Longer repayment terms. The SBA 504 program is a take-out financing program. Community CDC/SBA offers an up-front.
Actual loan repayment amounts are based on the proportion of a participant's qualifying debt relative to his/her beginning CDC base salary. Overall ELRP eligibility requirements: a. Be a citizen of the United States; b. Hold a relevant Doctoral degree or equivalent; c. Have been selected for a vacant position or is currently assigned to a covered hard- to- fill health professional occupational series at CDC/ATSDR; and, d. Have a qualifying educational debt in excess of 2.
CDC base salary. Start Signature. Start Printed Page 5. Dated: October 2. Carter, Associate Director for Management and Operations, Centers for Disease Control and Prevention (CDC).
End Signature. End Supplemental Information. Filed 1. 0- 2. 6- 0.