OPM: Federal Student Loan Repayment Program Report Fiscal Year 2007 – Report to the Congress, May 2008: “In FY 2007, 33 Federal agencies provided 6,619 employees with a total of more than $42 million in student loan repayment benefits. Compared to FY 2006, this represents a 15 percent increase in the number of employees receiving student loan repayment benefits and a 17 percent increase in agencies’ overall financial investment in this valuable incentive. Notably, nearly half of the reporting agencies either made student loan repayments in FY 2007 or have established a student loan repayment program for future use. The average loan repayment benefit was $6,377.”