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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 38 U.S.C. § 7694 Specialty education loan repayment us united_states_code code_section 38 VETERANS BENEFITS 76 HEALTH PROFESSIONALS EDUCATIONAL ASSISTANCE PROGRAM 7694 38 U.S.C. § 7694 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc38@119-100.zip /us/usc/t38/s7694 data/legal/raw/us/code/title-38/usc38.xml bb5318d2636b69b7552b0d7ee47b62df9de72d290218c5971d45b71ff13b122d 372998691b72ade88787dfa7633dbda4954bd1b037ec7926c5e06e9b1d17fc66 a15e257e8e19334bca22c74040987ed00fbd58c4751525a6b8cf5ebe3e04bb21 2026-07-04 official
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38 U.S.C. § 7694 - Specialty education loan repayment

Text

(a) In General.— Payments under the Specialty Education Loan Repayment Program shall consist of payments for the principal and interest on loans described in section 7682(a)(2) of this title for individuals selected to participate in the Program to the holders of such loans.

(b) Frequency of Payment.— The Secretary shall make payments for any given participant in the Specialty Education Loan Repayment Program on a schedule determined appropriate by the Secretary.

(c) Maximum Amount; Waiver.— (1) The amount of payments made for a participant under the Specialty Education Loan Repayment Program may not exceed $160,000 over a total of 4 years of participation in the Program, of which not more than $40,000 of such payments may be made in each year of participation in the Program.

(2) (A) The Secretary may waive the limitations under paragraph (1) in the case of a participant described in subparagraph (B). In the case of such a waiver, the total amount of payments payable to or for that participant is the total amount of the principal and the interest on the participants loans referred to in subsection (a).

(B) A participant described in this subparagraph is a participant in the Program who the Secretary determines serves in a position for which there is a shortage of qualified employees by reason of either the location or the requirements of the position.

(Added Pub. L. 115182, title III, § 303(a), June 6, 2018, 132 Stat. 1465.)