(Authority: 38 U.S.C. 7617(a) )
(Authority: 38 U.S.C. 7617(b)(4) )
(Authority: 38 U.S.C. 7617(b) )
in which:
'A' is the amount the United States is entitled to recover;
'[PHI]' is the sum of the amounts paid to or on behalf of the applicant and the interest on such amounts which would be payable if, at the time the amounts were paid, they were loans bearing interest at the maximum legal prevailing rate, as determined by the Treasurer of the United States;
't' is the total number of months in the applicant's period of obligated service; and
's' is the number of months of the period of obligated service served by the participant.
The amount which the United States is entitled to recover shall be paid within 1 year of the date on which the applicant failed to begin or complete the period of obligated service, as determined by the Secretary.
38 C.F.R. §17.610
Authority: 38 U.S.C. 7617(c)(1)(2)
Approved by the Office of Management and Budget under control number 2900-0352