snoozyd

The lump sum goes to you! So definitely double and triple check your banking info ? They have 90 days to pay out once your contract starts and most years it shows up pretty close to that 90 day deadline - mine came in December.

NHSC is NOT taxed and it comes in one lump sum. When I did the math on the tax and the interest accrued over those monthly payments, NHSC's payout was about the same as what I'd actually get (minus tax and interest) from Nurse Corps.

Hey folks! I did regular (full-time, not SUD or rural) NHSC LRP as a psych NP and last week was notified that I have been awarded a continuation. They do continuations first before moving on to initial contracts for NHSC and Nurse Corps. Hopefully people seeking initial contracts will start hearing back soon. Good luck!

Call NCLRP ASAP and explain your situation! I think you have 30 days from countersignature to pull out of the contract but you absolutely want to make sure this is the case with them. If you breach your contract, you will be ineligible for all types of loan repayment programs at the federal level and potentially state level (if your state offers anything like it). I believe it's any of the payments received plus whatever they think is an appropriate interest rate (the guidance says the "maximum legal prevailing rate"). There are waivers but that would definitely require you get HRSA's sympathy so contacting them as soon as possible is key! Good luck!

Have any NHSC recipients gotten the money yet? I'm getting used to waiting now but it would certainly be nice if they deposit the money before December (which would be 90 days from countersignature).

Got COI for NHSC at 7 PM this evening and quickly logged in to sign off on my interest. Now I am anxiously rereading everyone's posts about how long it took for their cosignatures. NHSC and NCLRP applicant, got NHSC (what I was hoping for, fingers crossed that cosignature appears!). PMHNP in an FQHC. HPSA 19. DTI ~115%.

Consolidated loans are only eligible if ALL debt was for nursing education. Any non-nursing debt bundled into it make all the consolidated debt ineligible for NCLRP, and I think the same is true for NHSC.

Like everyone else said, you need 10 years of qualifying payments (on certain types of **eligible loans**) before you’re able to pursue the actual loan forgiveness. But if you do want to cover all your bases you can submit verification to confirm that you’re working at an eligible facility in the interim. If you’re going for PSLF they recommend submitting documentation of qualifying employment annually. Your HR department or loan servicer would be able to tell you what that looks like.

PMHNP in an FQHC Tier 1/HPSA 19 for mental health. DTI at time of application 117% I applied for both Nurse Corps and NHSC (regular, not SUD, regretting that now!). Did anyone else apply for both? I haven’t seen anyone saying they got the regular NHSC LRP yet.

We’ve still got time! Previous threads’ recipients looked like they received award notice 8-12 weeks after they noticed their credit had been checked. And don’t forget that credit checks were later this year (probably due to the shutdown) so notifications are coming later as well.

I have a friend who, two year ago, got finalist notification in September and ended up getting awarded Nurse Corps LRP. It definitely seems like they do it in waves.

Congrats to the finalists!! May the funding odds be ever in your favor! Question as one of the nervous people awaiting a reply: How does Nurse Corps/NHSC obtain your income info to calculate DTI? I just reviewed my application and my salary isn’t anywhere in there. It doesn’t look like it’s part of the employer verification, either. I ask because I’m in the fortunate position that my salary has increased since I applied - really amazing, very grateful, but I realized that decreases my DTI (still >100% but not as competitive as it had been).

Isn’t that the big difference between NHSC and nurse corps? NHSC generally goes by site score whereas nurse corps takes DTI into greater account, right? If you applied for NHSC I’d imagine our chances are the same - HPSA 19, NP, DTI ~115%.

Last Thursday I got an email asking to confirm loan eligibility. That's the only sign I've gotten that things are moving along.

Hello Vanderbilt MSN hopefuls! I am also a current prespecialty student and would be happy to answer any questions you may have. The one thing I can speak to is PMHNP interviews. Expect to be interviewed, but don't freak out if you don't hear from them, since some people are accepted without interviewing. Best of luck with all your applications!