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Please note to Agency Payrolls and Employees* This will be the last year for the Virginia State Employee Loan Program (VSELP). The program will remain active with funding state loans until Friday, December 29, 2023. Eligible loans received on December 28th will be funded by COB Friday, December 29th. Loans will still be paid back through payroll deduction as agreed per the employee's loan authorization agreement, up until the loan's maturity date which should be August 18, 2024.
About: This program is available to active, classified full-time non-probationary employees who have been employed with the Commonwealth for at least 12 months. Employees who are paid on a monthly or semi-monthly (1st and 16th) are eligible for this program. Employees of Independent agencies, wage employees, and employees on disability are not eligible.
Visit the Virginia State Employee Loan Program website by clicking the link below.
https://www.dhrm.virginia.gov/vslp/vslp-home