2019 Nurse Corps Loan Repayment Program

[EDRN713]

Hi Everyone,

I didn't see a thread created for the 2019 Nurse Corps Loan Repayment Program yet. This will be my 3rd year applying. I'm applying as a staff RN with a HPSA score of 17. Hopefully, they open the application cycle soon.

[I_Love_Bacon, APRN, NP]

9 hours ago, Redhead,RN said:

This whole program needs to be restructured. There needs to be some kind of cap. Sorry, but it makes no sense to award it to a few with super high debts instead of awarding it to a lot who have normal debt amounts. It encourages irresponsible borrowing. I do not understand that logic...

What you posted is specifically what I find the biggest flaw of NCLRP. Why on Earth would an entity give large money awards to only a few, when it could give so many more if given to a broader mix. A lottery system comes to mind. I hope that DTI isn't the only thing they go by, as I have said before I know an NP who got this with a DTI of like 30%. But we are at the mercy of the award process and how they do it.

Now as for borrowing, that is on each student and really has nothing to do with the NCLRP.

[MadeinUSA, MSN, RN]

Honestly it’s pretty clear this program moves at different rates each year and there is no easily determined system, even though they say certain things. So I’m just going to pray that between this month and next they send me a wonderful email and help me to save some money over the next two years! ?? I’m not giving up!

[GoodLuck_Everyone]

9 hours ago, Redhead,RN said:

This whole program needs to be restructured. There needs to be some kind of cap. Sorry, but it makes no sense to award it to a few with super high debts instead of awarding it to a lot who have normal debt amounts. It encourages irresponsible borrowing. I do not understand that logic...

I recognize the wait can be agonizing and most systems can benefit from a improved process; however, frustration aimed at those who borrow is not the answer. As a recipient of the award, I would hardly call my loans irresponsible. The average debt for someone who obtains a graduate degree is over 50k with at least 1 in 4 individuals owing over 100k.

The program is primarily aimed at NPs in disadvantage areas, which typically does not pay as well. As a result, the debt looks worse.

Yes, some people borrow irresponsibly. However, classifying an entire group is unnecessary. Many of us pay are bills just fine before the loans but would like the help when given the opportunity.

Blame the over-priced educational system.

[blcRN123]

well.. here's to another week of waiting.

[Cece50, DNP]

1 minute ago, blcRN123 said:

well.. here's to another week of waiting.

Yep. Sigh.....

[CoreyannF]

12 minutes ago, Cece50 said:

Yep. Sigh.....

I feel you

[I_Love_Bacon, APRN, NP]

So over it. Ugh.

[nickelbe]

Has anyone that received notification as a finalist been co-signed yet? I was made a finalist on 7/24. No word otherwise.

[DC_RN]

11 minutes ago, nickelbe said:

Has anyone that received notification as a finalist been co-signed yet? I was made a finalist on 7/24. No word otherwise.

Nope no other word since they resent the confirmation of interest email this past Friday

[Erika C]

FNP FQHC Tier 1 DOI 161%

I just received and signed my finalist notification and put in my banking info. Awaiting countersignature

[K_NP, BSN, MSN, NP]

I just received finalist notification! I am a FNP. Does anyone know how many finalist don’t actually get the award??

[Wsmfp88]

Me too! Got finalist and confirmed interest with bank Info. I work 32 hours per week as an fnp and it says something about 32 hours for RN or nurse faculty. Anyone know if it still applies to FNP working 32 hours and getting it?