2017 Nurse Corps Loan Repayment Program

babyz · Mar 16, 2017

I called credco. They said they dont know about it.

Credit repair maintains that there is a hard knock.

My mortgage said they did not do it

Its difficult to know

Lola Lou, BSN · Mar 16, 2017

Credco is the 3rd party company that checks for the NCLRP process. Don't stress. It is around this time that they begin confIrming student loan debt by checking your credit history. If I'm not mistaken my credit check took place in April last year.

BSNbeauty, BSN, RN · Mar 17, 2017

Bump....

Spoiled1, MSN, RN · Mar 17, 2017

My understanding is, that is a good sign. Don't stress.

I called credco. They said they dont know about it.
Credit repair maintains that there is a hard knock.
My mortgage said they did not do it
Its difficult to know

dxb53 · Mar 19, 2017

I have not received a credit check yet either. I'll be monitoring it through creditkarma, hoping the credit inquiry will come soon. From what I understand, this doesn't necessarily mean you'll get the repayment, but NOT getting a credit inquiry means you won't get it.

RN4KU · Mar 19, 2017

I applied last year did not get the award, RN MH score 17, D/I 180%. I had a credit check show up on Equifax credit report only.

CREDCO on April 19, 2016.

CJLogel · Mar 20, 2017

I applied last cycle and was denied and when I enquired as to why I didn't make the cut this was the

response. I thought I was tier 1 with a debt-to-ratio of 150% I wanted to know if I filled my app out wrong so I could fix it this cycle.

The NURSE Corps is a very competitive program that receives thousands of applications - from dedicated nurses, such as your-self, who provide health care to the underserved of our Nation - each year. Your debt-to-salary ratio was 65.00%/ Level 2 Tier. For the 2016 NURSE Corps funding cycle, all funds for Registered Nurses were depleted at the debt-to-salary ratio of 170.90% Level 1 Tier.

Each year, NURSE Corps funding has been depleted at different levels for each pool of applicants .

pbflash42 · Mar 20, 2017

CJLogel-

That is very interesting that you had a different percentage than they did. Now I am wondering if we all have looked it the wrong way...for me, I would have thought I was in Tier 1 the last 3-4 years!!! I just don't understand how different these numbers could be.

As I stated last year, I wish when we logged into portal, it would just tell us how they calculated our D/I ratio, what tier we are in, and how many people have applied. That way, for those without a shot in the dark, we wouldn't waste time stressing over the whole process! Gah!

Better communication from the program administrators would help us so much!

Good luck!!!

CJLogel · Mar 20, 2017

No I figured wrong on the d/I ratio. I did believe I was tier 1, not 2. I owe $44000. I still applied for this cycle.

babyz · Mar 20, 2017

Turns out that I have not gotten a credit check.

It was my mortgage.

AnaLong, BSN, MSN, APRN, NP · Mar 20, 2017

@babyz : sorry about the disappointment

However, does anyone know what happens if your salary changes during the "under review" period? I wonder if that would make it look like I lied on my application and disqualify me?

Lola Lou, BSN · Mar 22, 2017

@babyz : sorry about the disappointment
However, does anyone know what happens if your salary changes during the "under review" period? I wonder if that would make it look like I lied on my application and disqualify me?

There should be a place in the applicant portal to ask this question. I would be up front with your income information. I'm sure it wouldn't look like you lied as long as you updated the information accordingly. Whether this disqualified you or not I have no idea. I hope that this isn't the case but if your income is now lower your chances of being awarded would increase. Good luck!