R 172019Z APR 08
MARADMIN 253/08
MSGID/GENADMIN/CMC WASHINGTON DC MRA RA//
SUBJ/SELECTED MARINE CORPS RESERVE (SMCR) OFFICER EDUCATION LOAN
REPAYMENT PROGRAM//
REF/A/MSGID:DOC/U.S.C./YMD:20080228//
REF/B/DOC/CMC RAP/YMD:19990310//
NARR/REF A IS TITLE 10, SECTION 16301 LOAN REPAYMENT PROGRAM:
MEMBERS OF SELECTED RESERVE AND REF B IS MCO P1001R.1J, MCRAMM//
POC/J. E. BELL/GYSGT/CMC RAP/703-784-9136//
POC/DFAS-KC/SYSTEMS LIAISON AND PROCEDURES BRANCH (DFAS-JMA)/
816-926-5278/7239//
GENTEXT/REMARKS/1. PER REFERENCE A, THIS MARADMIN AUTHORIZES
IMPLEMENTATION OF THE SMCR OFFICER EDUCATION LOAN REPAYMENT
PROGRAM. NEW OFFICER CANDIDATE COURSE RESERVE PROGRAM ACCESSIONS
ARE AUTHORIZED 100% REIMBURSEMENT OF QUALIFYING STUDENT LOANS.
THIS INCENTIVE WILL BE PAID TO OFFICERS WHO RECEIVE A COMMISSION
IN THE SELECTED RESERVE, JOIN A MFR UNIT, AND SERVE CONTINUOUSLY
WITHOUT A BREAK IN SERVICE.
2. ADMINISTRATIVE GUIDANCE.
A. OFFICER SELECTION OFFICERS (OSO) ARE THE ONLY ENTITIES
AUTHORIZED TO SUBMIT REQUESTS TO CMC (RAP) FOR THIS INCENTIVE.
B. PRIOR TO THE APPLICANT SHIPPING THE OSO WILL:
(1) OBTAIN A STATEMENT OF UNDERSTANDING (SOU) AND A LETTER
TO LOAN HOLDER FORM BY VISITING THE M&RA WEBSITE AT
WWW.MANPOWER.USMC.MIL <file://WWW.MANPOWER.USMC.MIL> IN THE SEARCH BOX, ENTER KEYWORD LOAN,
SELECT SMCR OELRP, THEN SMCR OELRP SOU AND LETTER.
(2) HAVE THE APPLICANT SIGN A COMPLETED SOU AND ATTACH IT
TO THE ACCESSION AGREEMENT FOR RETENTION IN THE OFFICER
QUALIFICATION RECORD (OQR).
(3) HAVE THE APPLICANT COMPLETE THE LETTER TO LOAN HOLDER
FORM AND FORWARD IT TO THE FINANCIAL INSTITUTION FOR COMPLETION OF
SECTION II.
(4) SUBMIT, TO CMC (RAP) VIA ITS SECTION MAILBOX
SMB-RAP@USMC.MIL, A SCANNED .PDF COPY OF THE SIGNED SOU, THE
RETURNED LETTER TO LOAN HOLDER FORM, DD FORM 1966/3, AND NAVMC 321AO.
(5) UPON APPROVAL OF THE REQUEST, A LOAN CONTROL NUMBER (LCN)
WILL BE ISSUED.
3. ELIGIBILITY REQUIREMENTS:
A. BE A NEW OFFICER ACCESSION COMMISSIONED VIA THE OFFICER
CANDIDATE COURSE RESERVE PROGRAM.
B. SIGN A WRITTEN AGREEMENT, PRIOR TO ATTENDING OFFICER
CANDIDATE SCHOOL, TO ACCEPT A COMMISSION IN THE SMCR AND SERVE WITH
A MARINE FORCES RESERVE UNIT (MFR).
C. AFFILIATE AND REMAIN AFFILIATED WITH A MFR UNIT AND, PER
REFERENCE B, PARTICIPATE SATISFACTORILY IN ALL SCHEDULED DRILLS AND
ANNUAL TRAINING AFTER THE COMPLETION OF PRIMARY MILITARY OCCUPATIONAL
SPECIALTY SCHOOL.
4. ELIGIBILITY DISQUALIFICATION:
A. FAILURE TO COMPLY WITH THE AFOREMENTIONED REQUIREMENTS;
B. TRANSFERRING TO THE INDIVIDUAL READY RESERVE;
C. AFFILIATING WITH THE ACTIVE RESERVE PROGRAM;
D. OR AUGMENTING TO THE ACTIVE COMPONENT.
5. QUALIFYING LOANS.
A. ANY LOAN MADE, INSURED, OR GUARANTEED UNDER PART B OF TITLE
IV OF THE HIGHER EDUCATION ACT OF 1965 (20 U.S.C. 1071);
B. ANY LOAN MADE UNDER PART D OF SUCH TITLE (THE WILLIAM D. FORD
FEDERAL DIRECT LOAN PROGRAM, 20 U.S.C. 1087A);
C. ANY LOAN MADE UNDER PART E OF SUCH TITLE (20 U.S.C. 1087AA);
D. OR ANY LOAN INCURRED FOR EDUCATIONAL PURPOSES MADE BY A
LENDER THAT IS:
(1) AN AGENCY OR INSTRUMENTALITY OF A STATE;
(2) A FINANCIAL OR CREDIT INSTITUTION (INCLUDING AN INSURANCE
COMPANY) THAT IS SUBJECT TO EXAMINATION AND SUPERVISION BY AN AGENCY
OF THE UNITED STATES OR ANY STATE;
(3) A PENSION FUND APPROVED BY THE SECRETARY OF THE NAVY;
(4) OR A NON-PROFIT PRIVATE ENTITY DESIGNATED BY A STATE,
REGULATED BY SUCH STATE, AND APPROVED BY THE SECRETARY OF THE NAVY.
6. PAYMENT PROCEDURES.
A. OFFICERS MUST ENGAGE THEIR SERVICING PERSONNEL ADMINISTRATIVE
CENTER ON THE ANNIVERSARY OF THEIR COMMISSIONING TO PROCESS THEIR
COLLEGE LOAN REPAYMENT.
B. COLLEGE LOAN PAYMENTS WILL BE MADE BY DFAS-JMSB/KC TO THE
LOAN LENDER, NOT TO THE SMCR MEMBER. UPON EACH COMPLETED YEAR OF
SERVICE, THE RESERVE ADMINISTRATIVE UNIT IS TO FORWARD THE BELOW
DOCUMENTATION TO DFAS-KC FOR PAYMENT. SUBMIT TO:
CKCPAYROLLSERVICES&TSP@DFAS.MIL OR RIGHTFAX (816) 926-8944.
(1) NAVMC 11116, (MISCELLANEOUS MILITARY PAY ORDER/SPECIAL
PAYMENT AUTHORIZATION) REQUESTING THE AMOUNT OF PAYMENT FOR SMCR
OFFICER EDUCATION LOAN REPAYMENT PROGRAM.
(2) CERTIFIED TRUE COPY OF THE SOU.
(3) RETURNED LETTER TO HOLDER FORM.
(4) DD FORM 1966/3.
(5) NAVMC 321AO.
(6) STATEMENT FROM THE LOAN LENDER PROVIDING THEIR NAME,
ADDRESS, SERVICE MEMBER’S LOAN NUMBER, FULL NAME, SSN, AND CURRENT
LOAN REPAYMENT AMOUNT.
C. PARTICIPANTS ARE REMINDED THAT STUDENT LOAN PAYMENTS MADE
ARE TAXABLE AND WILL INCREASE A MEMBER’S FEDERAL AND STATE WAGES IN
THE YEAR THAT THE PAYMENT IS MADE.
D. REPAYMENT OF ANY SUCH LOAN SHALL BE MADE ON THE BASIS OF
EACH COMPLETE YEAR OF SERVICE PERFORMED BY THE BORROWER.
E. THE PORTION OR AMOUNT OF A LOAN THAT MAY BE REPAID IS 15
PERCENT OR $500, WHICHEVER IS GREATER, FOR EACH YEAR OF COMPLETED
SERVICE PERFORMED BY THE BORROWER, PLUS THE AMOUNT OF ANY INTEREST
THAT MAY ACCRUE DURING THE CURRENT YEAR.
F. IF A PORTION OF A LOAN IS REPAID FOR ANY YEAR, INTEREST ON
THE REMAINDER OF THE LOAN SHALL ACCRUE AND BE PAID IN THE SAME
MANNER AS IS OTHERWISE REQUIRED.
G. ANY INTEREST THAT HAS ACCRUED ON THE LOAN FOR PERIODS
BEFORE THE CURRENT YEAR SHALL BE CONSIDERED AS WITHIN THE TOTAL
LOAN AMOUNT THAT SHALL BE REPAID.
H. NOTHING IN THIS PROGRAM SHALL BE CONSTRUED TO AUTHORIZE
REFUNDING ANY REPAYMENT OF A LOAN.
7. RELEASE AUTHORIZED BY LTGEN R. S. COLEMAN, DEPUTY COMMANDANT
FOR MANPOWER AND RESERVE AFFAIRS.//