Presence Health Loan Forgiveness Program

[NursingStoodent]

I am starting this thread because i have applied for the PHLFP program and im wondering what i have to do other than committing to a year of work per semester of help received. I would like input and information from individuals who have already graduated and are in the work field already. My biggest confusion is i know it says loan forgiveness program so does that mean i am actually going to be taking out an amount of loan while in school or does it mean my tuition is just waived? I have some other questions about the program as well.

1) Does Presence Health offer you a job right away after graduation? If not what happens if they dont hire you!

2) Does any portion of the loan have to be repaid?

3) Does the loan showup on your credit report? I plan on buying a home after graduation so if it shows up i may not qualify for as much to buy a house.

4) It sounds great but is it worth it to get the loan forgiveness? I just dont want such huge loans when i graduate.

5) Is it loans offered by presence health that are forgiven or are all my student loans forgiven like if i work for the state?

Any input is helpful

[vdk773]

Hi, I am looking to apply to this program for Fall 2014. Did you ever get any feedback? Were you eligible for it? I'm on the same boat now, I want it for the obvious reasons... But I am worried there might be a catch.