Nurses New Nurse
Published Dec 6, 2016
You are reading page 6 of 2017 Nurse Corps Loan Repayment Program
AshleyDiane6
106 Posts
I've been applying every year since I graduated. I'm a MH RN in tier 18. My debt to income ratio isn't awful so I doubt I will be awarded.
BSNbeauty, BSN, RN
1,939 Posts
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ND_DNP
13 Posts
Is anyone aware of, or have any knowledge, of around the time people have been awarded in previous years? I know that the deadline is September 30th. I have read some people getting notification as early as April or May and others not finding out until the last day.
Also, this is my first year applying. I am currently a family nurse practitioner working in a rural clinic with a HPSA score of 17 and my debit to income ratio is 294.4%. I see that there are many people with debt to income ratios close to the 200% mark. I am really praying that I get some assistance with this program. I relocated my family specifically for this program. Good luck to all that applied!
Not_A_Hat_Person, RN
2,900 Posts
Back in January, some lawyers sued the Department of Education after they were told they didn't qualify or student loan forgiveness after all. Now the feds are saying the student loan forgiveness can be cancelled anytime, even retroactively.
The program described in the article you posted is different than the Nurse Corps Loan Repayment program. The program in the article is the student loan forgiveness program. I looked into this program also but it does not pay off your loans as quickly and the service obligation, as it states, is 10 years. The Nurse Corps Loan Repayment is a 2-year commitment initially with an opportunity to apply for a third year. The application and information is very specific. I haven't heard of these things happening with this program at all. If it has someone should post so! I know people get denied for many reasons that they don't believe are fair.
This may be stemming from this...more than likely it seems.
Betsy DeVos' latest attack on people with student loans will make your blood boil
The current education secretary, Betsy DeVos, is trying to do away with this program entirely. It may have something to do with what is going on if they are trying to eliminate the student loan forgiveness program.
foreverfenway
23 Posts
Hey everyone! Figure I'd join the conversation. I have read every single post from 2016, which I don't recommend. I eventually started psyching myself out and wondered why I even applied in the first place.
This is my first time applying, and while I'm hopeful, I'm practical. There's a lot of need and nowhere near enough funds to help. I'm an RN. Eventually I'd like to become an NP, but at this point I'd need some of my student loans paid off first. I believe I'm Tier 1 - assuming they will go with our Mental Health site score of 17. I'm at a 117% D/I. While I know some are far more over their heads than I am, it's still almost crippling with the amount of debt that I have as a new grad.
So far no credit check, but from what I've seen, that will begin through next month.
Good luck everyone!
There's nothing to stop the feds from doing the same thing to the Nurse Corps.
RN4KU
284 Posts
RN4KU, BSN, MSN I currently work in Killdeer, ND for Coal Country Community Health Center. Our HPSA score is 17 and my debt to income ratio is 294.4%. Overall, I think I have good chances of getting the funding...I just pray daily for it! Haha, I literally do though. I definitely can understand your struggle. I still cannot believe how expensive education is, especially being exactly where I have dreamed since I was in 10th grade and being in the worst financial situation I have ever been in. My student loans (private and federal) are ridiculous. I did do the stepping stone process of going from LPN to 2-year RN to BSN to DNP, so I had a total of 10 years and taking loans out for all of it. If you want to do what furthering your degree will allow you to do I would say go for it!
If the feds stopped the program and the funding of the Bureau of Health Workforce and Health Resources & Services Administration then yes, they could. The funding from this program comes from a different place than the funding for the Student Loan Forgiveness program, which receives funding from the U.S. Department of Education. I'm not saying it couldn't happen, I'm just saying the guidelines and stipulations are much different. They are two completely different programs.