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That's exciting. Good luck with your application process. I submitted mine over the weekend. I had already reviewed the 2014 requirements and documents...so it was just a matter of gathering and uploading the documents. I pray I did it correctly. It was also a relief that the federal loans were easily imported. Which state are you in??? Does anyone know if the funding is per state...or overall??? I am in Georgia.
Hey everyone! This is my 3rd year applying for the loan forgiveness. I have made it up until the very end over the last 2 years. I am praying this will be the year for me!
I was so very thankful for the change in the way our student loans could be electronically uploaded to our application. The last 2 years of uploading every single piece of loan documentation was the worst and longest part of the whole application process. This year, the application was a breeze!
Last year, I noticed that a lot of NP's got their awards first, but ironically, some RN's with a lower D/I ratio than myself and other applicants were given awards. Not exactly sure what that is all about, but I guess the "powers that be" see a much larger picture than what we see. I have a D/I ratio of 119% and a HPSA of 16. The waiting process is HORRIBLE! Especially when some start getting awards in June or July...and you have to wait until the end of October to find out that funds have run out. However, I wish everyone the very very best of luck!!! :)
Good luck to you!!! I plan to reapply if I do not receive anything this year. I am not exactly sure how the awards are made. I saw somewhere that someone was awarded with a hpsa of 11 who was a NP. So I am feeling a little hopeful. My plans are to transfer to another facility if I receive the award. I hope that process isn't difficult. I am currently in Ga and will be moving to Florida next year. Just taking things a day at a time. Good luck to everyone who has applied for this year!!!
This is my first year applying. I'm a nurse educator at a community college. My debt to income ratio is > 100 so I'm hopeful. I took a pay cut to switch from being a floor RN to a full time faculty. This repayment program would make it so much easier to do what I love while still being able to support my family and not paying loans for the rest of my life. Unfortunately for colleges our rating system for tiers is not posted online (each college determines the disadvantaged student population differently). I could ask the HR representative who sent in my employer information, but she was frustrated with the process in the first place. I teach in a small town community college so I'm really hoping we are a high needs school. Best of luck to all of you!
jwalla20
62 Posts
Hi
I am looking into applying for the nurse corp loan repayment this coming year...any tips/advice/suggestions on the application process??? I am a newer Family Nurse Practitioner in Ga. Our score is only 13 this year and my debt to income ratio is 186%, placing me in tier 2. I see most of the awards went to the tier 1 applicants due to the funds. I just saw the webinar and noticed that 91% went to tier 1 last year and 2013 83% went to tier 1. My hopes are not that high....but I thought I would apply and wish for the best. I could use the additional funds for my student loans.
Tips will be greatly appreciated from my fellow nurses
Thanks