Hi all,
So basically, about two years ago I signed a three year service agreement with my agency in exchange for student loan repayment. I'm going to be leaving before that three years is up to go to another Department. It's my understanding I'll need to repay the amount they paid for my loans in full - it's not prorated.
I will owe about $5K. The problem is, I don't have any indication of the timeline they'll give me to pay it back. I don't have an extra five grand laying around. My HR department says they'll give me a payment plan, but that I wouldn't be able to get details on that payment plan until after I leave.
So I'm wondering if anyone has been in a similar situation and if so, how long they were given to pay. Were you offered different repayment periods? A flat monthly rate? Did they charged interest?