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Has anyone started to apply for the Nurse Corps loan repayment program? I wanted to see if anyone is having trouble using the application at all?
I'm wondering the same thing fsunole86. I'm an RN in Tier 2 with a 140% debt to income ration. Seems like so many people on here are tier one... I signed the contract and put my bank info in today, and am soooo excited I could cry, but I hate to get my hopes up too high. This would be life changing, it's hard to keep it together. Is there any further review of your application once you get a finalist letter, or is it literally just a matter of needing all the funding to come through to award all the people they made finalists?
I know, I was kind of surprised... This may sound dumb, but I kind of wonder if my HPSA ended up being higher because of the particular unit I work on. I work in the Burn ICU, and it's in a critical access hospital, but the score for the hospital itself is only 11 and caused me to be in Tier 2. However, my unit is a full service burn center, and is the only burn center in a 5 state area, taking all patients regardless of funding and take any insurace because we are the only center that can treat burns and soft tissue infections. It may not even matter, but I have to wonder. Mostly, I'm just trying really really hard to not get my hopes up so it would be less devastating if I didn't get the second signature!
Also, it says on the website that they calculate our debt to income ratio based off of our base annual salary. Working clinically, a lot of our additional pay comes from shift differentials, etc. Our base annual salary technically wouldn't include any of that though, right? It would basically just be our hourly pay multiplied by our FTE (mine is technically 36 hours per week), multiplied by 52 weeks in the year? Anyone know for sure what the deal is with that?
Lovanurse
113 Posts
Update for those who are tracking.
Acceptance email received 7/1/2014
Confirmation email received today 7/31/14!
"Dear NURSE Corps LRP Program Participant,
Congratulations and welcome to the NURSE Corps Loan Repayment Program (LRP)! The NURSE Corps Loan Repayment Program (LRP) is administered by the U.S. Department of Health and Human Services, Health Resources and Services Administration, Bureau of Clinician Recruitment and Service....ect"