2017 Nurse Corps Loan Repayment Program

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Hi Fellow Nurses!

Is anyone else anxiously awaiting the 2017 cycle opening?

I have applied several times and praying that 2017 is my year. I'm tier 1 - not faculty and not an NP.

Is anyone else out there?

they tax as if it's income. lets say u win a 100k award. you'll be taxed on 100K award + salary. So roughly 30% tax. its 85% for the 3 yrs of service pre tax assuming you accept that 3rd option yr. so a 100K award would see 70K/36 payments. Think u can choose to with hold more too.

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Can you speak to how the state/federal taxes work for the reward? I've heard that since the money is taxed, it's not really 85% loan repayment. I'd be happy with whatever, but just wanted to know how you handled the tax burden.

Basically what CrnaTX said. The way I handle it is as if I had a second paycheck. Taxes are taken out right away so you don't have to worry about anything. Then when tax season comes you'll get a w-2 in the mail just like any other job. Hope this helps.

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Received finalist letter today!!! Tier 1 nurse faculty; first time applicant!!

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Received finalist letter today!!! Tier 1 nurse faculty; first time applicant!!

u received email notification?

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Yes please let us know we're you notified by email? Has anyone else received notification so far? If so please include your role and DTI %

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Specializes in FNP: Urgent Care & Primary Care; RN: Med-Surg.
Received finalist letter today!!! Tier 1 nurse faculty; first time applicant!!

Did you apply at the very beginning?! Congratulations!!🎈

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Congratulations!!! That's awesome and such a blessing.

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I did receive email notification and only have until 7-7 to submit acceptance. And I finalized my application one day before the due date.

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That's so fantastic! Congratulations! Does your portal no longer say "under review"?

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Now that I have accepted the award, my portal says Accepted Award- Under Final Review

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Congrats! Fingers crossed!

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Argh! I'm a wreck now checking my email every hour. I even broke down and called HRSA to see if I could find out anything. The gentleman I spoke to couldn't even confirm whether or not they notify applicants by group (NF, NP, etc.). And his parting words were, "You will be notified between now and September 30th." Keeping my fingers crossed!

NF/DTI 140%/Tier 2

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