HRSA Nursing Scholarship Application--Now AVAILABLE!!

Keep in mind that you'll be taxed a total of 30% when you make an early withdrawal. Think really hard about this. I've done this before and I wasn't too happy with what I NEEDED to give Uncle Sam. This scholarship seems to be geared towards those from two-income families or those living with parents. It's less drama for them I guess. No LPN either! The website implied ONLY RNs. I may be mistaken. Their $1200 stipend certainly won't pay my mortgage and bills. Maybe they would like for me to sell my apartment before they put a lien on it. There are other more "realistic" scholarships out there.

Did you meet the first preference meaning undergraduated, fulltime student with efc 0?

i am a single mother as well. i know how hard it is. but heyyy can somebody help me out. i think i will end up having to call anyways. im trying to register so i can fill out the appilcation and it wont let me because it keeps saying my SSN already exists. i dont know what to do.

I know..I've actually done it before as well. Just wonderful how they tax you when you take it out..and then tax you AGAIN the next year when you file your taxes. But, I have no choice..it's either that..or..nothing...

Again with me being nosy but way back when I used to work for a homestead (yes, an actual homestead, not a savings and loan; I said it was 'way back'!) people would take out what was then called "share loans" against their savings accounts. This froze the account as collateral against the loan and also reduced the interest rate on the loan. Perhaps there is something similar for your 401k so you wouldn't have to pay the tax AND the penalty PLUS have it count against earned income when you cash it out.

The way I keep throwing my around, I'm gonna work that EFC down to 0 yet!