Jump to content

2017 Nurse Corps Loan Repayment Program

First Year   (249,882 Views 768 Comments)
by emmiecb emmiecb (New Member) New Member

1,235 Profile Views; 12 Posts

advertisement

You are reading page 48 of 2017 Nurse Corps Loan Repayment Program. If you want to start from the beginning Go to First Page.

26 Posts; 1,674 Profile Views

Hi everyone,

I'm currently in the "accepted award-under final review" stage. When looking at last years page it looks like prior recipients mentioned their award was really closer to 40% of loans after taxes were accounted for. I've messaged some of them to get more details about the taxes but I haven't heard back from them. Does anyone have more information on how taxes will work with the forgiveness aside from what's mentioned in the criteria pamphlet posted on the HRSA website? Thanks and good luck to those who are still waiting to hear back, don't give up hope yet!

Share this post


Link to post
Share on other sites

33 Posts; 569 Profile Views

I'm not sure exactly what you want to know. It's considered part of your income so they take federal taxes out. It shows you the qualifying loans/amount, the amount of you received if 60% was taken, and then the amount of taxes taken out. Once taxes are taken out, it's ~40%.

Edited by DNP_AGACNP_Faculty
Spelling error

Share this post


Link to post
Share on other sites

33 Posts; 1,344 Profile Views

I'm not sure exactly what you want to know. It's counsidered part of your income so they take federal taxes out. It shows you the qualifying loans/amount, the amount of you received if 60% was taken, and then the amount of taxes taken out. Once taxes are taken out, it's ~40%.

are you talking about Nurse corps or NHSC LRP? isn't it tax free for LRP?

Share this post


Link to post
Share on other sites

26 Posts; 1,674 Profile Views

Thank you so much, that helps a lot! I was only notified that I was a finalist so hadn't received those details.

Share this post


Link to post
Share on other sites

AnaLong has 1 years experience and specializes in FNP: Urgent Care; RN: Med-Surg.

109 Posts; 5,804 Profile Views

Ok, this morning at work our CEO announced that there is "a problem" with our HRSA funding. We are now asking patients to sign letters to send to congress. Her message did not state exactly what the "problem" was. But this is what some of us had assumed already. That this year has taken so long because HRSA is making sure they can cover the awards given. Have you guys heard of anything like this at your FQHCs?

Share this post


Link to post
Share on other sites

31 Posts; 566 Profile Views

I haven't heard of anything like this but maybe you could call HRSA or email them and ask about it?

Share this post


Link to post
Share on other sites

83 Posts; 1,732 Profile Views

AnaLong, your CEO at your facility announced something about HRSA funds?? That is so weird! My facility barely knows what this program is all about. They just confirm that I'm an employee, but the facility itself has nothing to do with funding or the award process. I just find it odd that your CEO is so informed. You should email HRSA at the provided contact email...they seem to give you more information than when you just call the hotline. Let us know what you hear. Good luck!!

Share this post


Link to post
Share on other sites

48 Posts; 700 Profile Views

tax will be in the 30-35% range is my understanding.

Share this post


Link to post
Share on other sites

14 Posts; 251 Profile Views

What do you mean? They will take 30-35% of the monthly installment for taxes?

Share this post


Link to post
Share on other sites

37 Posts; 348 Profile Views

I was under the impression that after taxes, you were basically getting 40% of your loan amount paid.

Share this post


Link to post
Share on other sites
  • Recently Browsing 0 members

    No registered users viewing this page.

×