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My recruiter informed me on Monday that due to increased applicants this year the 90 available loan repayments were exhausted immediately and I was being placed on an alternate list. Just curious if anyone else is in this situation currently or if you have been in the past what your results were. Did you eventually get it or not? I was bummed when I heard this but the recruiter informed me last year he had three on that list that were as low as 24 and all eventually got it once funding either came through from the D.O.D. or physician scholarships that weren't used were given to the nurse corps for additional money.
Please help! My nerves are shot r/t this situation!
It sounds like many of you have received word that you are on a "alternate list" for the ADHPLRP. This concerns me because my recruiter told me that I may be put on this list. There has been no word yet. I believe I was in the October boards (could have been November). I received my acceptance mid december and my assignment at the beginning of this year. I will be in the 10-06 COT.
How long does it take people on average to hear whether their student loan repayment is guaranteed or not? If I am not to be on this alternate list then is it really guaranteed (I know that there are stipulations r/t completion of COT and NTP)? But say I do complete COT and NTP is there still a way they can keep it from me?
(Sorry, so many questions) If they do put me on this alternate list how long will it take for them to tell me whether the funds will definitely be there or not be there? If the funds are not available, is it possible to wait another year and then go in? or am I absolutely Stuck in signing up for 4 years and taking the bonus, which is less $$??
Do not stress so much about this - you're either going to get loan repayment or you won't. If it's there, you'll get it, and if it's not, you won't - simple. I'm not trying to be harsh but you have way too much to stress out about in COT to worry about this. Worse case scenario you'll get about $20K cash money regardless ($30K after taxes) and that should put a dent in anyone's loans. If there's more money available Wright-Pat will contact you as soon as they know and not before. If not, $20K or so will show up in your direct deposit account about thirty days post COT.
And furthermore, no one flunks out of COT. People had have to leave for various reasons, but you don't flunk out of COT. And from what I hear NTP isn't that hard either - it's like your last semester of nursing school - a whole lot of clinicals.
Keep in mind as well that as a new grad you'll make decent money - you'll get about $1200 a month tax free for housing and food, your health insurance is free, and you'll make about $2500 a month just in take home pay (this does not include the money for housing and food). So you'll be financially solvent either way.
Stop stressing about loan repayment - you'll drive yourself nuts.
carolinapooh, BSN, RN
3,577 Posts
No - what happens is you will sign a paper saying you'll take the repayment IF it becomes available, and if it's not, THEN you'll take the thirty grand.
Once they cut a check for thirty grand you will be ineligible for the loan repayment - there's no giving cash back to the Air Force. I don't know who told your recruiter that but they're dead on wrong. They'll write you a check and be done with you.
The sign on bonus and the loan repayment are from different offices - they have absolutely nothing to do with each other. The bonus comes from Randolph and the loan repayment is out of Wright-Pat.
I was contacted before I went to COT.
They handed me fifteen grand (twenty minus the taxes) and now I'm waiting for my paperwork to be processed for the loan repayment.