NELRP is there a thread?

Fwiw, private loans are excluded from the 10 year forgiveness and private and federal loans must be consolidated seperately

StaceeRN, I am SO confused and I feel so bad for posting incorrect information:( I tried to sign up and consolidate with Direct Loans but I read that you have to be in a 10 year repayment plan. However, when I try to do that it automatically puts me in a 25 year repayment plan. Is there a trick to this? None of my loans are Direct at this time.

It's ok, it's all very confusing. I've just researched so much, it's practically etched in my brain! For the loan forgiveness, you can select the IBR, ICR, or standard repayment (not much help when the standard repayment is 10 years!) Just to be clear, I only consolidated my private loans and left my federal loans "as is". But when I consolidated my private loans, I called and completed the process with a very helpful CSR. I have changed my federal repayment plan though, and that was over the phone as well. I didn't dare do anything online for fear of screwing something up. I chose the IBR and the payments are still pretty high! I think the ICR would be my best bet, but I'd have to consolidate to Direct loans first to be able to select that option. I'd call your loan servicer to see what the best option is for you. Good luck!

It's ok, it's all very confusing. I've just researched so much, it's practically etched in my brain! For the loan forgiveness, you can select the IBR, ICR, or standard repayment (not much help when the standard repayment is 10 years!) Just to be clear, I only consolidated my private loans and left my federal loans "as is". But when I consolidated my private loans, I called and completed the process with a very helpful CSR. I have changed my federal repayment plan though, and that was over the phone as well. I didn't dare do anything online for fear of screwing something up. I chose the IBR and the payments are still pretty high! I think the ICR would be my best bet, but I'd have to consolidate to Direct loans first to be able to select that option. I'd call your loan servicer to see what the best option is for you. Good luck!

Thank you!!!

It's ok, it's all very confusing. I've just researched so much, it's practically etched in my brain! For the loan forgiveness, you can select the IBR, ICR, or standard repayment (not much help when the standard repayment is 10 years!) Just to be clear, I only consolidated my private loans and left my federal loans "as is". But when I consolidated my private loans, I called and completed the process with a very helpful CSR. I have changed my federal repayment plan though, and that was over the phone as well. I didn't dare do anything online for fear of screwing something up. I chose the IBR and the payments are still pretty high! I think the ICR would be my best bet, but I'd have to consolidate to Direct loans first to be able to select that option. I'd call your loan servicer to see what the best option is for you. Good stacee who did u consolidate your private loans with? I'm thinking about doing that but in the past none would consolidate private loans ...

Stacee who did u consolidate your private loans thru ? I'm thinking about doing that but in the past no one would consolidate private loans ...

Stacee who did u consolidate your private loans thru ? I'm thinking about doing that but in the past no one would consolidate private loans ...

I consolidated with Wells Fargo. All of my private loans were with them and they offered me the best deal. I *think* they are now accepting outside consolidations. I was also looking into CU Student Loans. If you have an account with a participating credit union, this company helps you consolidate with them. You can also choose a credit union through them to join if you don't already have an account. I heard about this on TV when a financial expert was talking about student loans. Credit unions are starting to give banks more competition, therefore lowering interest rates. One thing to note is that the rate you're offered on private loans is highly dependent on your credit score, unlike federal loans. Be sure to shop around a bit! Here's the website if you're interested:

http://www.custudentloans.org/

Does anyone know if employer tuition reimbursement for graduate classes while working would be considered a service obligation for the NELRP undergraduate loans?

Does anyone know if employer tuition reimbursement for graduate classes while working would be considered a service obligation for the NELRP undergraduate loans?

That's a tough one. I'd call the help desk and ask. You might want to call a few times to see if you get different answers, since that seems to be the theme.

Sooooo, after I e-mailed & asked why I wasn't awarded & they told me they don't have that information, I called just now & the woman on the phone said she doesn't have that information either, but she asked when I applied. I told her it was around 2 days before the deadline, and she says, "Oh, that's why." I asked her all of the questions you're probably screaming right now (I thought they have to review every person before making awards? I thought it was based on the debt ratio & awarded most debt to least? I thought the hospital score matters?). And her answer? - "a lot of things are taken into consideration, but I think they simply ran out of funds."

apparently how they're awarding it isn't what the website says. Would kind of make sense since some people were awarded while my application said "submitted" for months after. I told her my application went from "submitted" to "not awarded" in the same day, and she agreed that was weird & probably they just ran out of funds before reviewing my application. I asked if there was anyone who could tell me the reason or at least confirm that I had submitted all necessary documentation & she said she doesn't know who that person would be, but my best bet is to e-mail (I already tried that.....).

Sooooo, after I e-mailed & asked why I wasn't awarded & they told me they don't have that information, I called just now & the woman on the phone said she doesn't have that information either, but she asked when I applied. I told her it was around 2 days before the deadline, and she says, "Oh, that's why." I asked her all of the questions you're probably screaming right now (I thought they have to review every person before making awards? I thought it was based on the debt ratio & awarded most debt to least? I thought the hospital score matters?). And her answer? - "a lot of things are taken into consideration, but I think they simply ran out of funds."

apparently how they're awarding it isn't what the website says. Would kind of make sense since some people were awarded while my application said "submitted" for months after. I told her my application went from "submitted" to "not awarded" in the same day, and she agreed that was weird & probably they just ran out of funds before reviewing my application. I asked if there was anyone who could tell me the reason or at least confirm that I had submitted all necessary documentation & she said she doesn't know who that person would be, but my best bet is to e-mail (I already tried that.....).

I don't know if this helps but 50% of all money went to NP's so that affected how the award were given out.. I thought I remember 20% went to faculty. So that would explain why someone with lower debt to income ratio would be awarded before you. Again, just trying to help.

I know it's frustrating not having the reasons why u were denied.

Sooooo, after I e-mailed & asked why I wasn't awarded & they told me they don't have that information, I called just now & the woman on the phone said she doesn't have that information either, but she asked when I applied. I told her it was around 2 days before the deadline, and she says, "Oh, that's why." I asked her all of the questions you're probably screaming right now (I thought they have to review every person before making awards? I thought it was based on the debt ratio & awarded most debt to least? I thought the hospital score matters?). And her answer? - "a lot of things are taken into consideration, but I think they simply ran out of funds."

apparently how they're awarding it isn't what the website says. Would kind of make sense since some people were awarded while my application said "submitted" for months after. I told her my application went from "submitted" to "not awarded" in the same day, and she agreed that was weird & probably they just ran out of funds before reviewing my application. I asked if there was anyone who could tell me the reason or at least confirm that I had submitted all necessary documentation & she said she doesn't know who that person would be, but my best bet is to e-mail (I already tried that.....).

I'm sorry you weren't awarded but I'm sure you were given incorrect information. On last year's thread there was an HRSA employee giving insight to the process and he said every single application is reviewed and they would be in big trouble if they didn't. We heard multiple times that there was a glitch with updating application statuses. Maybe the status only changes to "under review" after you pass a certain point in the review process. Did you have the EPL and credit check? Sometimes I think the CSRs are underinformed and give us incorrect answers. For example, I submitted my application the day before the deadline and I was awarded. Kinda blows that rep's theory out if the water.