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UNCLASSIFIED Student Loan Repayment Program Policy Guide Already in existence and included at the time of initial application. When applying for the second or third year under an existing SLRP CSA, Ioans listed must have been in. existence before the time of the first-year application. Federally backed (i.e., a loan made, insured, or guaranteed under Parts B, D, or E of. Title IV of the Higher Education Act of 1965 or a health education assistance loan made under Part A of Title VII of the Public Health Service Act or under Part E of. Title VIII of that Act) Not co-owned and do not cover anything other than the employee's own student- related indebtedness. Not currently in default with the respective lenders 4.1.2.2. Loan Documentation Requirements Employees must provide documentation for each loan listed on their PAS applications to verify that the loans are qualifying federal student loans. The documentation must show all of the. following: Full account balance Statement date that is within past 31 days Loan type Account number The employee's name or social security number The employee must also provide any supplemental loan documentation that is later requested to. verify loan qualification. 4.1.2.3. Consolidated Loan Requirements 4.1.2.3.1. Loan Held Solely by Employee A federal consolidation loan is eligible if (1) it is a consolidation of loans held only by the employee and (2) the loans that were merged were in existence prior to the initial application for the SLRP. If the consolidation Ioan includes Ioans that were not in existence prior to the initial application, the employee must provide documentation that clearly identifies the portion that was. in existence prior to application 4.1.2.3.2. Loan Held Jointly by Employee and Another Individual Federally backed consolidated loans that are jointly held with another person, such as a spouse or. a child, are not eligible to be repaid through the SLRP. Only loans that are in the employee's. own name and were used to cover the employee's own education are eligible for repayment.. 4.1.2.4. Federally Then Privately Backed Loan Once an employee "rolls" an eligible federally backed student loan into a home equity Ioan, a personal Ioan, or a credit card cash advance (i.e., the loan becomes privately backed), it no. longer qualifies for the SLRP 8 UNCLASSIFIED