Nurse Corps Loan Repayment 2016 Cycle

Nurses General Nursing

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.

Specializes in Utilization Review.

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]

I just submitted my application! Looks like we have a long time before we find out any information! Crossing fingers and praying!

Specializes in Critical Care, Float Pool Nursing.

What is the loan corps? I don't have loans but am curious .

Specializes in Utilization Review.

Deediaz, you had not problem uploading your loans from the NSLD website? I am still not able to. But it sounds like its just me.

RN4KU, no my loans were uploaded without any issues.

RNdynamic, first of all, I am jealous that you have no loans. I had no loans for my BSN program but unfortunately I had to take loans for my FNP Program. It's a government program that pays up to 85% of your loans.

Yes this waiting process is going to be horrible! have you applied before?

Hey I was having issues uploading my loans, I got the same message RN4KU got using google chrome browser. I tried it with Microsoft Edge (the new explorer) and it worked.

Try using Microsoft Edge (the new explorer browser)

Specializes in Utilization Review.

omg ok thank you so much i will try tonight!! i really hope this works to use Microsoft edge.

Specializes in Utilization Review.

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 !!

Yes this waiting process is going to be horrible! have you applied before?

No, this is the first time for me. Have you applied before?

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