National Guard Student Loan Repayment Program.
What changed between versions
Added language specifying that repayment obligations only apply if service is terminated voluntarily or involuntarily due to misconduct, removing the previous ambiguity about involuntary departures.
Clarified that repayment agreements must contain terms no less favorable than the original loan agreement that was paid off by the award.
Changed 'term of service' to 'initial three-year term of service' to clarify the baseline period for the fifty thousand dollar award limit.
Removed the phrase 'except that recipients serving a term of service exceeding three years in length may receive up to an additional ten thousand dollars' which was redundant after the clarification.
Updated the page header from 'First Edition' to 'Second Edition' to reflect the committee substitute version.