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10 U.S.C. § 16303 — Loan repayment program: chaplains serving in the Selected Reserve

submitted 20 years ago by Pub. L. 109-163 to r/title-10-ARMED-FORCES · 315 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary concerned may repay education loans for qualified chaplains who agree to serve at least 3 years in the Selected Reserve. Chaplain Candidate Program members are excluded, and repayment is capped at $20,000 per 3-year obligation.

(a) To maintain enough Selected Reserve chaplains, the Secretary concerned may repay a loan of a person who meets regulatory chaplain accession and commissioning requirements, holds or fully qualifies for a reserve-component chaplain appointment, and signs a written agreement to serve at least 3 years in the Selected Reserve. (b) A person accessioned into the Chaplain Candidate Program is not eligible. (c)(1) Repayment may cover principal, interest, and related loan expenses. (2) It may not exceed $20,000 for each 3-year obligated-service period. Before the first year is completed, no more than 50% of that amount may be paid. Regulations set when the balance is paid. (d) A person whose loan is repaid but who does not start or finish the agreed service is subject to 37 U.S.C. § 303a(e) or § 373. (e) The Defense Secretary must issue regulations carrying out this section.

the actual law source: uscode.house.gov ↗public domain
(a)Authority to Repay Education Loans.—

For purposes of maintaining adequate numbers of chaplains in the Selected Reserve, the Secretary concerned may repay a loan that was obtained by a person who—

(1)

satisfies the requirements for accessioning and commissioning of chaplains, as prescribed in regulations;

(2)

holds, or is fully qualified for, an appointment as a chaplain in a reserve component of an armed force; and

(3)

signs a written agreement with the Secretary concerned to serve not less than three years in the Selected Reserve.

(b)Exception for Chaplain Candidate Program.—

A person accessioned into the Chaplain Candidate Program is not eligible for the repayment of a loan under subsection (a).

(c)Loan Repayment Process; Maximum Amount.—
(1)

Subject to paragraph (2), the repayment of a loan under subsection (a) may consist of the payment of the principal, interest, and related expenses of the loan.

(2)

The amount of any repayment of a loan made under subsection (a) on behalf of a person may not exceed $20,000 for each three year period of obligated service that the person agrees to serve in an agreement described in subsection (a)(3). Of such amount, not more than an amount equal to 50 percent of such amount may be paid before the completion by the person of the first year of obligated service pursuant to the agreement. The balance of such amount shall be payable at such time or times as are prescribed in regulations.

(d)Effect of Failure to Complete Obligation.—

A person on whose behalf a loan is repaid under subsection (a) who fails to commence or complete the period of obligated service specified in the agreement described in subsection (a)(3) shall be subject to the repayment provisions of section 303a(e) or 373 of title 37.

(e)Regulations.—

The Secretary of Defense shall prescribe regulations to carry out this section.

Source credit: (Added and amended Pub. L. 109–163, div. A, title VI, §§ 684(a), 687(c)(14), Jan. 6, 2006, 119 Stat. 3324, 3335; Pub. L. 115–91, div. A, title VI, § 618(a)(1)(Q), Dec. 12, 2017, 131 Stat. 1426.)

history & why it existsrecord from the source credit
  • 2006Enacted · Pub. L. 109-163 · 119 Stat. 3324, 3335
  • 2017Amended · Pub. L. 115-91 · 131 Stat. 1426

A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-163 on 2006-01-06.

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