2018 Nurse Corps Loan Repayment Program

Nurses New Nurse

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Hi all,

I've been reading up on the Nurse Corps Loan Repayment Program and looks like in past years, threads have been started for the yearly application process. I'll be applying as a Staff RN (non-faculty) working at a DSH with an HPSA Score of 16. Not sure of my DTI percentage yet. Hoping to connect with others that will be applying to the program next month and we can all share our updates here. Best of luck to everyone!

Specializes in Utilization Review.

Did everyone see the credit check on credit karma? I am not sure what I filled out incorrectly to not get a credit check, i had 2 last year when I applied and I don't have 1 yet for this year. D/I 180% HPSA 17, RN. Just says under review, I assume that is not good if I never got a credit check then I have no hope.

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Specializes in Telemetry, Case Management.

Yes, the credit check was on Credit Karma on the Equifax report.

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First time applicant DTI 115%, HPSA 17, NP Had 2 credit checks (applied to both programs). Fingers crossed!!! Can any of the people who applied last year and received credit checks but did not get awarded speak on why they think they didn't get awarded?

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Specializes in MSN, PMHNP-BC.

This my 2nd year application as NP Facility score is 16 and D/I = 200% credit check was done in April status is still "Under Review".

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When your DTI ratio is figured out, are sign-on bonuses included? For instance, I had a $10k sign on bonus, but I hope it's not necessarily included in my gross yearly salary.

This is my first time applying as an PMHNP, credit checked on Equifax on 04/20...can't remember what my facility's score was.

I also can't remember how much money is dispersed. Is the NHSC program the one where they give you 60% for a 2 year agreement, and then an additional 25% for another year? That seems too good to be true!

And is it correct that if you consolidate your nursing school loans with non-nursing loans, then it makes it all ineligible? Because that just seems silly and not difficult to work around, so I find it hard to believe.

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where did you check to see it say "under review". When I log in, it just gives me my application number -I'm thinking I may be looking in the incorrect place.

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First time applying. Application status: Under Review. Credco checked my credit 4/20

where did you check to see it say "under review". When I log in, it just gives me my application number -I'm thinking I may be looking in the incorrect place.

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Specializes in MSN, PMHNP-BC.

It is correct, if you have anything other than nursing education loans consolidated the entire loan in excluded. And by the way it almost takes an act of Congress to unconsolidate a consolidation loan.

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I know someone who applied for the loan repayment, then consolidated the loans. She says her credit was checked, so I'm wondering if the consolidation was done after the application, if it would bear any difference in her outcome (but I told her that she may not have received the loan repayment anyways, so whatever!)

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Specializes in Psych, substance abuse, MR-DD.

Has anyone ever heard of a Tier 2 NP being awarded?

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Hey guys! Just happened to see this. I was awarded last year. I'm faculty. My DTI ratio was ~140 or 150% (can't remember). The debt only includes student loans specific to your nursing degree. Other student loans are disqualified which can lower your ratio. It does not matter if the loans are private or federal. The income is solely your base income the employer reports. It doesn't include shift diffs, bonuses, etc. HRSA does not have a problem with consolidation as long as there is a method to differentiate other loans from your nursing loans.

Last year had a credit check in May, heard I was a finalist in late July, got a counter signature in mid to late August, and first deposit in September. Good luck everyone! This award has certainly been a blessing í ½í¸Š

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Hey guys! Just happened to see this. I was awarded last year. I'm faculty. My DTI ratio was ~140 or 150% (can't remember). The debt only includes student loans specific to your nursing degree. Other student loans are disqualified which can lower your ratio. It does not matter if the loans are private or federal. The income is solely your base income the employer reports. It doesn't include shift diffs, bonuses, etc. HRSA does not have a problem with consolidation as long as there is a method to differentiate other loans from your nursing loans.

Last year had a credit check in May, heard I was a finalist in late July, got a counter signature in mid to late August, and first deposit in September. Good luck everyone! This award has certainly been a blessing ������

this helps so much, i was starting to freak out about my consolidated loans! but since i pulled all my info over from the NSLDS website, hopefully it wont be hard for them to determine which loans were for my nursing degree. i did one year before going into nursing school so this is important since i will have some loans that aren't specific to nursing. i really pray and hope i get selected eek. i had my credit check back in April along with some others. nothing more yet, still under "Under Review".

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