I am in my last semester of nursing school about to get my BS in nursing, and just found out today I was accepted into the Army Reserves (I had originally applied to go active duty but was essentially waitlisted because they had a limit on how many new nurses they would accept this year). I was wondering if anyone can tell me about the benefits about being in the reserves, especially what are the qualifications for the Healthcare Professionals Loan Repayment Program (HPLR). I have all federal loans, but read somewhere in these threads that the military defers them or something for a year, then pays the loan? Does this mean I need to be paying my loan until the army takes up the tab?
Also, it says that we get $10,000 a year, for up to 3 years. Is that all we get paid, or do we get monthly paychecks as well?
I'm kind of worried, because I will be getting a nursing job after I pass my NCLEX. I wish I could go active duty right away so I am not conflicted with having a 1-2 year contract with a hospital that I can't get out of. Any advice on this matter?
I'm very excited, and can't wait to be both a nurse and an officer in the army!