Nurse Corps Loan Repayment 2016 Cycle

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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.

It's not on the portal. You just divide your nursing student loan debt (this total you can find on your application) by your base salary. For example if you owe $120,000 and you make $80,000 per year, 120,000/80,000 is 1.5 which is 150%

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Specializes in Oncology.

thanks so much!

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Specializes in Utilization Review.

I never know if they use your AGI or just you plain old Salary, and i know they calculate your loans with interest i think. Not sure.

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I am so excited for everyone that got awarded so far. I, however, am getting very discouraged although my DTI is not near as high as those I have seen. I am NP, in Tier 1, but DTI is only 102%. I am hoping there is a little bit of money left over to maybe help cover me. I know it isn't as bad as what everyone else has but it would still be nice to have some relief from student debt. Good luck to everyone and I hope one day there will be enough funds to cover all the nurses needing assistance. We all did the work to get to where we are and all of us deserve it.

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I am so excited for everyone that got awarded so far. I, however, am getting very discouraged although my DTI is not near as high as those I have seen. I am NP, in Tier 1, but DTI is only 102%. I am hoping there is a little bit of money left over to maybe help cover me. I know it isn't as bad as what everyone else has but it would still be nice to have some relief from student debt. Good luck to everyone and I hope one day there will be enough funds to cover all the nurses needing assistance. We all did the work to get to where we are and all of us deserve it.

Agreed we are all deserving of this award I will keep my fingers crossed for you, good luck

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So far I've seen NP's, faculty, and RN's receive a finalist email. Has anyone in the "other" category received anything yet including clinical nurse specialists, CRNA's, or anything I haven't mentioned? Maybe they are waiting to award us last??? I'm in tier 1 and debt to income ratio 148% and I noticed an NP got a finalist email with 138%.

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Has anyone received notification yet this year regarding 2016 Nurse corps loan repayment? I heard that if you hear by 9/1/2016 you are likely to get the loan repayment, and if not notification will come by 9/3016.

NEVER MIND I SEE EVERYONE POST NOW!

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Specializes in Utilization Review.

its like crickets on here!! sounds like all awards have gone out and people are just waiting for countersigns. Im still under review. going to have to start looking at different options.

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No, don't give up. My girlfriend said last year she didnt hear until sometime in September and was countersigned in September as well. There's still hope

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Any countersigns?

Yes!!! Just today! No email with welcome packet yet but I checked my app and it does show a countersign!!!

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Yes!!! Just today! No email with welcome packet yet but I checked my app and it does show a countersign!!!

Where is the countersign? Did your screen change?

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Yes!!! Just today! No email with welcome packet yet but I checked my app and it does show a countersign!!!

Congratulations! Where does it show its countersigned?

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