2020 Nurse Corps Loan Repayment Program

[NurseLizabeeRN]

Hey people! I've been interested in the HRSA Nurse Corps Loan repayment program for several years, just never took the time to apply. I am full-time nurse faculty in an BSN program. For those who have applied before:

1. When does the cycle usually open? ( I have signed up for updates)

2. How do you calculate your DTI? (This is all new to me?)

Thanks for your responses. Hopefully we can kick some student loan debt in the butt!! I'm excited and haven't even applied yet! Blessings to you all!

[Jess Rena]

I thought I read somewhere that private loans are accepted but it doesn’t seem like they included my Sallie Mae loans in the offer? Am I missing something? 

[tianova]

4 minutes ago, Jess Rena said:

I thought I read somewhere that private loans are accepted but it doesn’t seem like they included my Sallie Mae loans in the offer? Am I missing something? 

My SallieMae loans were included. Not sure why yours were not? Did you included a document of ALL SallieMae loans?

[Jess Rena]

15 minutes ago, tianova said:

My SallieMae loans were included. Not sure why yours were not? Did you included a document of ALL SallieMae loans?

I did! I’m just not sure how they came up with my final loan amount because it was short of what I thought I had. Maybe I should call. I want those included! $57k! And they’re killing me! 

[cmacdo57, MSN, APRN, NP]

USLEEP

Yes it is still worth it! I have paid down $78,000 over the past two years.

[tianova]

15 hours ago, cmacdo57 said:

USLEEP

Yes it is still worth it! I have paid down $78,000 over the past two years.

What percentage of taxes gets taken out? 

[ljohnso, MSN, APRN, NP]

Did any of you consolidate your loans? I’m considering consolidating if I’m not accepted, but don’t want it to mess up my chances of reapplying. 

[NPWoo]

Yes, I have consolidated loans. Consolidated loans are fine as long as they are all from your nursing education. If you have non-nursing degree, you should not consolidate those loans with your nursing degree(s) loans because it'll disqualify the whole loan.

I just checked and saw that my contract was cosigned yesterday afternoon! Ecstatic is an understatement! Good luck everyone!

[brookec1210]

I just received my cosignature! 

[tonydaman, MSN, NP]

@brookec1210 CONGRATS! 

When did you get your finalist award? 

[AMiles0008]

34 minutes ago, brookec1210 said:

I just received my cosignature! 

Congratulations! I received cosignature on contract today as well! My status still says “accepted award-under final review” though. Is that normal or do you know? 

[brookec1210]

1 minute ago, AMiles0008 said:

Congratulations! I received cosignature on contract today as well! My status still says “accepted award-under final review” though. Is that normal or do you know? 

I am not sure. I did not receive any email or anything to let me know they signed. I just randomly checked. 

[AMiles0008]

Just now, brookec1210 said:

I am not sure. I did not receive any email or anything to let me know they signed. I just randomly checked. 

Yeah, same here! I just happened to check the contract. ?