108 STAT. 3008 PUBLIC LAW 103-337—OCT. 5, 1994 (4)(A) Section 2130 is transferred to chapter 1608, as added by paragraph (1), inserted after section 16202 (as transferred and redesignated by paragraph (3)), redesignated as section 16203, and amended by striking out subsection (c). (B) The heading of that section is amended to read as follows: '<§ 16203. Penalties and limitations". (5) Section 16201, as so redesignated, is amended by striking out "subchapter" each place it appears and inserting in lieu thereof "chapter". (6) Section 16202, as so redesignated, is amended by striking out "section 2128" both places it appears and inserting in lieu thereof "section 16201". (7) Chapter 105 is amended— (A) in the table of subchapters before subchapter I— (i) by striking out the item relating to subchapter II; and (ii) by redesignating the item relating to subchapter III so as to refer to subchapter II; (B) by striking out the heading for subchapter II and the table of sections following that heading; and (C) by redesignating subchapter III as subchapter II, (d) EDUCATION LOAN REPAYMENT PROGRAMS. —(1) Part rv of subtitle E (as added by subsection (a)) is amended by adding after chapter 1608 (as added by subsection (c)) the following: "CHAPTER 1609—EDUCATION LOAN REPAYMENT PROGRAMS "Sec. "16301. Education loan repayment program: enlisted members of Selected Reserve with critical specialties. "16302. Education loan repa3mient program: health professions officers serving in Selected Reserve with wartime critical medical skill shortages. "§ 16301. Education loan repayment program: enlisted members of Selected Reserve with critical specialties "(a)(1) Subject to the provisions of this section, the Secretary of Defense may repay— "(A) any loan made, insured, or guaranteed under part B of title IV of the Higher Education Act of 1965 (20 U.S.C. 1071 et seq.); or "(B) any loan made under part E of such title (20 U.S.C. 1087aa et seq.). Repayment of any such loan shall be made on the basis of each complete year of service performed by the borrower. "(2) The Secretary may repay loans described in paragraph (1) in the case of any person for service performed as an enlisted member of the Selected Reserve of the Ready Reserve of an armed force in a reserve component and military specialty specified by the Secretary of Defense. The Secretary may repay such a loan only if the person to whom the loan was made performed such service after the loan was made. "(b) The portion or amount of a loan that may be repaid under subsection (a) is 15 percent or $500, whichever is greater, for each year of service.
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