Published
I am just curious as to what the max. dollar amount is that the NELRP will repay. I understand the 60% for 2 yr. committment and another 25% for third yr. but what is the max. dollar amount? I have looked at the website and I have found nothing about it except the percentage. Other places I have looked have stated up to $15,000 and up to $30,000. Are these two different programs? I also do not understand they have a TON of applicants but I am really curious about the program (private tuition is doing a number on me). Any info. would be greatly appreciated!!!
Just letting you guys know I got it. WHOOOO HOOOOOOOOOO!!!!! I just now got the letter. I feel so excited and so blessed right now. The bad news with these high loan balances is that the taxes really hurt the payment. Its going to pay about 47% in 2 years instead of the 60 but hey....not complaining AT ALL. This is cash I don't have to pay and it helps more than anyone could imagine. Good luck to the rest of you guys and i'll keep burning up the prayer lines.
Just letting you guys know I got it. WHOOOO HOOOOOOOOOO!!!!! I just now got the letter. I feel so excited and so blessed right now. The bad news with these high loan balances is that the taxes really hurt the payment. Its going to pay about 47% in 2 years instead of the 60 but hey....not complaining AT ALL. This is cash I don't have to pay and it helps more than anyone could imagine. Good luck to the rest of you guys and i'll keep burning up the prayer lines.
OH YEAH!!!! THAT'S SOO WONDERFUL, JOEY!! I am so happy for you!! I am freaking out!! I got the same call you did back on Sept 2 and they verified all my employment info, bank info, etc. and I haven't gotten any letter!! I REALLLYYY hope I get a letter by the 30th!! Where are you from? I am from IN and I am at 224%. I just hope that call I got wasn't to just get my hopes up only to receive a denial letter. I am so HAPPY for you!! Congrat's again!! Kate:heartbeat
I'm from WV. My ratio was at 200%. I would say you'd get it. My girlfriend woke me up with the mail this evening and said i had one from govt. lol. I freaked. If you even get a letter before October that means you got it; they don't send out the denials until October. Don't stress you have a few more days. If your in Indiana i bet you'd get yours tomorrow. :-)
-Joey
I'm from WV. My ratio was at 200%. I would say you'd get it. My girlfriend woke me up with the mail this evening and said i had one from govt. lol. I freaked. If you even get a letter before October that means you got it; they don't send out the denials until October. Don't stress you have a few more days. If your in Indiana i bet you'd get yours tomorrow. :-)-Joey
Oh wow! I can only imagine how excited you were!! I am so happy for you! I know what a burden it is to have so much debt so I can imagine your sigh of relief!! Congrat's again and I'm hoping and PRAYING for a letter by the 30th!! Kate:heartbeat
The taxes they take out are not so bad. For me they are taking out 33% which is way high for my tax bracket (married, head of household, 1 child). The good news is, because they take so much out you will get a lot back at refund time. It's like a little savings plan. I'm just going to put my refund check to my loans. Hope the rest of you have more good news to spread tomorrow.
Jeremy, PA
The taxes they take out are not so bad. For me they are taking out 33% which is way high for my tax bracket (married, head of household, 1 child). The good news is, because they take so much out you will get a lot back at refund time. It's like a little savings plan. I'm just going to put my refund check to my loans. Hope the rest of you have more good news to spread tomorrow.Jeremy, PA
Thanks, Jeremy! Kate, IN :heartbeat
sla2112
58 Posts
Hello,
Congrats Jeremy!!! As soon as I read that post, I ran to the mailbox and of course, NOTHING! Tomorrow I am going to be stalking the mailbox since I dont have to work LOL Tomorrow will hopefully be the long awaited day for most of us. FINALLY!