Nurse Corps Loan repayment 2015

[rossin83]

Hi all,

Has anyone heard anything yet? Im a NP, Tier 1, debt/income ratio 90%, no news yet ...

[rossin83]

I got my email this morning! Sooooo ironic! I'm at a tier one facility in Chicago. Debt to income ratio is a little under 100% good luck everyone!!! Keep us updated!

Omg!! Congrats!!! That's great news :))

[rossin83]

Ironic is not the word! I just received mine!!!!

[Amanda_NP, MSN, APRN, NP]

Hi all--I am an NP with a 105% debt to income ratio and received my email this morning! Asked for my bank info and everything…does this mean it's a done deal?!?! Application saids "award accepted--under final review"

GL everyone!

[rossin83]

Congrats!!! Looks like they sent out a lot of emails today :)) apparently, now we have to wait for a co-signature on the contract and then they will send the welcome packet. That should happen by sept 30. I'm wondering if anyone hasn't received an award after being under final review ... :/

[cfinesse19]

Congrats rossin!!!!! I figured you would get an email today. Our situations are very similar. I'm sooooo happy for us all!! So far I haven't heard of anyone not getting it after the acceptance email. Keep me posted on when u get your app cosigned and welcome packet!

[rossin83]

Will do! Please do the same :)

Also, do you know if we are only allowed to pay federal loans with that money? I have a private loan with sallie Mae which I took out for my BSN. I'd love to pay it off asap 😁

[rossin83]

Got my second signature yesterday, and my welcome packet today! So relived! Good luck everyone!

[cfinesse19]

I got mine too!!!!! Congrats! !!! How do u plan on disbursing the money to your different loans?

[rossin83]

I don't know yet. I want to do the loan forgiveness after 120 payments, but not sure what is the best way to do it to be able to use this stipend. What is your plan?

[cfinesse19]

I don't have a plan yet. Lol. Did you notice how much they take out in taxes??!!! It ends up being no where near 60% repayment

[rossin83]

I saw after taxes it's exactly 40%

[ICUNurse:), BSN, MSN, RN]

Congrats Guys who have received it, I am still waiting, still no email yet