Nurses Helping Nurses
allnurses Network: Central | Jobs | Books | Newsletter
allnurses: A Nursing Community for Nurses
Home General News Blogs Articles Students Region Specialty Degrees F.A.Q.
Government and Military Nursing /

Can you use the Army's loan repayment program more than once?



Did You Know?
allnurses is the largest community for nurses on the web. We now have over 388,246 members! Join today to network with other nurses, laugh, share, and much more.

Oct 03, 2009 11:04 AM

Can you use the Army's loan repayment program more than once?

by rcj2009

The Army site says that they will pay $50k through the Health Professional Loan Repayment Program for a 3 year commitment as nurse. If I had $100k in student loans, would I be able to get a second $50k in loan repayment for my second commitment of three years? Or is the HPLR a one time only incentive?

Thank you.


Share

Search Tags
None
Top

 
Advertisement
Sponsored Links
 
Reply
5 Comments
No. 1
from mobro
Old Oct 04, 2009, 07:26 PM

Default Re: Can you use the Army's loan repayment program more than once?
i could be completely wrong, and i'm applying to air force not army, but if you sign a new contract i think there are different incentives than the initial sign on stuff. but i'm not 100% sure.
Top
 
No. 2
Old Oct 05, 2009, 10:05 AM

Default Re: Can you use the Army's loan repayment program more than once?
No service is going to repay $100K. $50K is what you'll get maximum from any of them.

And my understanding of sign-on loan repayment is it's a one-time thing and remember - it's taxed, so you'll pay taxes on that fifty grand.
Top
 
No. 3
from rcj2009
Old Oct 05, 2009, 11:38 AM

Default Re: Can you use the Army's loan repayment program more than once?
What about the "Special Pay"?
If you get $30k ($10k/yr) for a 3 year commitment, do you get this again for the next 3 years? Is Special Pay a one-time thing?

I am trying to figure out what Special Pay and incentives are available after your initial commitment.

The more information I have now, the better I can map out my education expenses over the next few years.

Thanks.
Top
 
No. 4
from moosicle
Old Oct 06, 2009, 01:15 AM

Default Re: Can you use the Army's loan repayment program more than once?
I got about 95k for student loans from Army. But, I do not know if you can do it twice.
Top
 
No. 5
Old Oct 06, 2009, 07:22 AM

Default Re: Can you use the Army's loan repayment program more than once?
Originally Posted by carolinapooh View Post
No service is going to repay $100K. $50K is what you'll get maximum from any of them.

And my understanding of sign-on loan repayment is it's a one-time thing and remember - it's taxed, so you'll pay taxes on that fifty grand.

The loan repayment I took was up tp $120k for 6 year committment.(Army)
Top
 
Reply




Thread Tools


Who's Online
101 members
1,383 guests
1,484

0

Possible breakthrough regarding MS

29

16th Philly area hospital to stop delivering babies: Mercy...

6

Really interesting article on Indian open hearts

4

High-Tech Pump Does What Her Heart Can't

2

Air Force RN Force RN Found Not Guilty

12

Hospital Falters as Refuge for Illegal Immigrants

6

California Imposes Stricter Rules Regarding Drug Abuse In...

38

Are older nurses being forced out of the profession?

3

An outlook in California?

8

Australian surgeons successfully separate conjoined twins



1

Society Needs Care Too

12

Why am I doing this, anyway?

2

Nurse Heal Thyself

9

My Papa, why I am the nurse I am today.

17

I made it through

11

An angel's gaze

14

A Sister Never Forgets

16

Ruby's Marbles

37

What Do Operating Room Nurses Do?

14

My Little Old Jedi

20

I love this job......

23

"I hear voices"

19

Preventing FRUTI (Foley Related Urinary Tract Infection) in...

24

Error and Attitude

10

It's Just a Shower





Currently Reading This Page: 1 (0 members & 1 guests)

Interested in the hottest topics of the week? Subscribe to the Nurse-zine Newsletter.
Enter email address: