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NELRP 2009



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No. 10
from hataway94
Old Jun 25, 2009, 02:13 PM

Default Re: NELRP 2009
OneLCRNA,

My husband accumulated 183K in loans between nursing and CRNA school. Isn't that terrible just to complete your education? He has talked about the PhD program and I almost died!! I am a nurse also..in home health. I don't have the gusto to do anesthesia. He asks me to go to CRNA school, but not for me!! Plus, that is more loans!! I'll keep you posted on any new info and you do the same, please!!
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No. 11
Old Jun 25, 2009, 02:57 PM

Default Re: NELRP 2009
Originally Posted by hataway94 View Post
Divide total of student loans by your annual salary then convert to a percentage. Ours is 166% debt to income ratio. What type of program are you starting in the Fall? Nursing or graduate school? Good Luck!!
I'm starting the BSN program. I already have 15K and I just took out another 12K. Then i estimate another 12K for my final year, so thats roughly 40k. But luckily Im a dependent of a veteran so i qualify for the hazelwood act and they pay for tuition and fees up to 150 hours, so I will use that for graduate school. And the VA has a loan repayment program for a contract of 3 years. So im hoping that can all work out.
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No. 12
Old Jun 25, 2009, 04:35 PM

Dollar Re: NELRP 2009
hataway94...Thanks! I am staying positive and praying every night My student loan payment in the next two years will be over $635 a month, so this would help a lot! I am doing the 3 year graduated payment now and pay $450/month ugg....

Good luck to EVERYONE!
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No. 13
from gudiarani
Old Jun 26, 2009, 05:41 PM

Default Re: NELRP 2009
I'm hoping the email I got asking about Payoff amount was a good sign! My ratio is over 300%! Hopefully that means something for NELRP!

I've been crossing my fingers for months!
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No. 14
from hataway94
Old Jun 29, 2009, 01:02 PM

Nurse Re: NELRP 2009
FYI....here is my 2 cents worth. Make sure you have an online account for every lender that you listed on your NELRP application. Last year when they contacted us, it was fine to send them payoff info via email. This year, the lady that called my husband, wanted hard copies faxed. Email payoff amounts were not sufficient. It may totally depend on the rep that contacts you, but be prepared in advance just in case you get contacted by the lady that called us. Good Luck Everyone!!!!!
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No. 15
from oneLcrna
Old Jun 29, 2009, 01:07 PM

Default Re: NELRP 2009
Same here, hataway. My rep wanted hard copies faxed. Of course, it was only for the loans at one of my loan servicers (she got all the info she needed from the others), but an online account is priceless in this situation.
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No. 16
from hataway94
Old Jun 29, 2009, 04:34 PM

Default Re: NELRP 2009
OneLCRNA,

I am so nervous about getting our hopes up. It is so nice to blog back and forth with others who understand what you are going through. We never joined the threads last year, just read daily what people had to say. Where are you located? We are in Denton, TX (just north of Dallas).
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No. 17
from oneLcrna
Old Jun 29, 2009, 04:49 PM

Default Re: NELRP 2009
It is nice to communicate about this. We are in Erie, PA.

It will be nice to hear what we are all going through so we can get an idea of our chances and have an idea about the steps along the way....
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No. 18
from lseeley
Old Jul 01, 2009, 02:25 PM

Dollar Re: NELRP 2009
Hello, I am also hoping that a contact early is a good sign. The lady that contacted me ask for my payoff amounts sent via fax only. (are they asking for anything else yet). When asked if this was a good sign- she repeated a few times, this is not a promise that you are in the program. She provided little information or hinting. I am also very nervous about this. Hopefully, with the extra money that the goverment set aside we will all be accepted in the program. If anyone who has been awarded in the past and has any helpful information that would be great. (ie: when were you contacted, debt/income ratio, etc.) Thanks for listening and I wish you all the best of luck. If anyone hears anything keep us in the loop. Lisa
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No. 19
from hataway94
Old Jul 01, 2009, 03:48 PM

Default Re: NELRP 2009
Lisa, The people that I talked to last year that got accepted were contacted early summer. We were contacted last August, but funding wasn't available by then. The lady told my husband (this time) that is it a good sign to be contacted early, but of course, wouldn't give any promises. She did say that he is higher on the chain this time as compared to last year. Monitor your credit report also. Last year, the ones approved (even those not funded) had their credit report pulled. Wishing you lots of luck!! Keep us all posted!

Anyone else with updates???

Andrea (Denton, TX)
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