Published
Hello All,
I am applying for the nurse corps loan repayment program 2016 cycle, I just spoke to a representative who told me the application cycle opens up tomorrow. For those of you who have applied any tips advice etc.? I am very excited about this opportunity because I have an outrageous amount of loans.
Just did it manually, whew what a process, once i figured out what was really being asked, and uploading supporting docs it went fast, it was just complicated when you have consolidated loans that have been consolidated multiple times, i had to think really hard!! If anyone has any questions about the manual process let me know.
Good Luck, now we wait, 5 months, look for a credit check, then wait for the finalist email !!
RN4KU
284 Posts
The examples are not all inclusive, and i am not sure but it seems like they are saying as long as you have an HPSA > 14, it then comes down to D/I ratio first. So if 2 people are in tier 1 it comes down to you d/i ration and not so much the score. I could be wrong, i think the has a changed from previous years. It looks like it says if someone has a D/I of 200% and a score of 14 they will get it before a person with D/I of 150% and a score of 20. A D/I ration of
[TABLE]
[TR]
[TD] FundingPreferenceTier
[/TD]
[TD] Debt to SalaryRatio
[/TD]
[TD] CSF
Primary Medical Care or Mental HealthHPSA Score
[/TD]
[/TR]
[TR]
[TD] Tier 1
[/TD]
[TD] >100%
[/TD]
[TD] 25-14
[/TD]
[/TR]
[TR]
[TD] Tier 2
[/TD]
[TD]
[/TD]
[TD] 25-14
[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[TR]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[/TABLE]