Hey all! I am reapplying and wanted to create this for everyone applying. I won't be as involved as I was last year, but good luck to everyone! I know they're having seminars and allowing people to schedule one on one consultations for applications.
9 minutes ago, confuseddog said:Wait what... how old is this woman...
If I had to guess, she was probably old enough to be my mother? (I’m 24) maybe a little younger. She has children of her own, and shared with me that she still feels like her life is restricted due to paying her loans. Our conversation really made me rethink both Yale and NP school in general.
22 minutes ago, confuseddog said:Can you link the job postings please
I live in SE CT so I look in Norwich/ New London:
1.) Psych NP: https://www.indeed.com/jobs?q=Nhsc&l=Connecticut&start=10&advn=7549549105152853&vjk=8d710bd715b75c0d
2.) FNP with potential for adult gero: https://www.indeed.com/jobs?q=Nhsc&l=Connecticut&start=10&vjk=d09dd5e7090fbdff
3.) Non specified from what I see: https://www.indeed.com/jobs?q=Nhsc&l=Connecticut&start=10&vjk=054d0175dbc23179
** All through NHSC **
I do have to backtrack on one point - the loan repayment is competitive, but it's awarded based on need. Basically divide your total debt by your income, the higher that number is, the more likely you get selected. "Tier 1" to receive repayment is anyone whose outstanding loans exceed 100% of their annual income. Although if you borrow the full amount of this program (or really anything over 90-100k), you'll be tier 1.
See pages 11-13 of this document: https://bhw.HRSA.gov/sites/default/files/bureau-health-workforce/funding/nursecorps-lrp-guidance.pdf
And yes, guidelines are a little different for faculty.
18 minutes ago, secondtimer14 said:@kc_FNPtobe thanks so much for being on here tonight and answering our frantic questions!
I have one last (at least for tonight...I hope) - my document says I was offered in 20k in federal direct unsubsidized - this is different than grad plus right? I can still get grad plus for the rest? And then grad plus qualifies for loan repayment as well?
Correct. The federal direct is the "under grad" loan. 20,500 is the max you can take out for that. Subtract that and any scholarships received and whatever is left is what you'd take out in your grad plus (if this is the route you choose). The direct loan has lower interest which helps.
9 minutes ago, kc_FNPtobe said:Correct. The federal direct is the "under grad" loan. 20,500 is the max you can take out for that. Subtract that and any scholarships received and whatever is left is what you'd take out in your grad plus (if this is the route you choose). The direct loan has lower interest which helps.
THANK YOU!
Congrats to everyone who got in! I’m a current GEPN in PMHNP and would be happy to answer any questions you have.
There’s two types of aid, merit aid and scholarship/need based. You would receive your financial aid letters with your admission letter (unless they’ve changed it). They do however re-evaluate after some people have turned down admissions or new funding becomes available and potentially offer scholarships after the initial batch. I have both but was not offered merit immediately, they gave it to me a few weeks after acceptance letters. I believe there’s only about 3 people per most specialties with merit scholarships. Don’t panic yet though, they do end up offering something else to some of you. Anything that isn’t covered by scholarship would definitely be covered through a grad plus loan. Many specialties have shortage areas (PMHNP is def one) and if depending on your employment post graduation will reimburse part or all of your tuition. These are typically for providers working with underserved populations.
16 minutes ago, gymnasticsprincess said:Congrats to everyone who got in! I’m a current GEPN in PMHNP and would be happy to answer any questions you have.
There’s two types of aid, merit aid and scholarship/need based. You would receive your financial aid letters with your admission letter (unless they’ve changed it). They do however re-evaluate after some people have turned down admissions or new funding becomes available and potentially offer scholarships after the initial batch. I have both but was not offered merit immediately, they gave it to me a few weeks after acceptance letters. I believe there’s only about 3 people per most specialties with merit scholarships. Don’t panic yet though, they do end up offering something else to some of you. Anything that isn’t covered by scholarship would definitely be covered through a grad plus loan. Many specialties have shortage areas (PMHNP is def one) and if depending on your employment post graduation will reimburse part or all of your tuition. These are typically for providers working with underserved populations.
Thanks so much for sharing this! There is some hope for a little scholarship.
One question - if you do get an eligible job for repayment, does the employer automatically put through the loan repayment as part of your work contract, or do you have to apply for the repayment separately? Because in the link I posted above for loan repayment through nursing corps, it looked like only 10% of applications are selected for relief.
6 hours ago, Cprincesa said:Wow really?! I didn’t even consider Columbia when applying... maybe I should next time! My YSN interviewer even said she felt Yale was really expensive and that people should do what is most affordable, because her own loans are so restrictive on her life STILL... looks like you have a good option there
Yes! To be clear, Columbia’s program is still more expensive annually and in total as compared to Yale, even with all the aid. The two main reasons are because it’s in NYC and because it’s four years as opposed to three, although you do earn both an MSN and DNP (or PhD). All of these nursing programs are absurdly expensive - let’s be real - but I don’t necessarily think you should “do what’s most affordable”. There are sooooo many nursing schools that would be cheaper, but you get what you pay for most times in life. These programs are the best and that’s why we’re here. I think it really comes down to your personal goals, fit, and financial situation.
secondtimer14
179 Posts
@kc_FNPtobe thanks so much for being on here tonight and answering our frantic questions!