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Showing results for tags 'loan forgiveness'.
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Hello, I'm graduating in August and am planning to take the PANCE in mid September and start work at an ED on a Native American reservation in the fall. I'm interested in finding out if/how EM providers manage to take advantage of IHS loan repayment programs. It seems to me that the work requirements by the loan repayment program (LRP) are quite restrictive and wouldn't work very well for clustered blocks of shifts like I plan to do (I plan to commute for my shifts from my home 3 hours away and stay on the rez while I'm working). If anyone has any experience making their EM shifts work within the requirements of the IHS LRP, I'd love to know how you do that. Or, if there's some other, less restrictive, loan repayment options available, please let me know. Thank you!
I tried a search on this but came up short. This program started in 2007 and allows the forgiveness of the remaining balance of certain student loans after 120 continual payments have been made. Healthcare is specifically listed, mainly nurses and nurse practitioners, but it also states that "advanced practice providers" in on section. There is a small section I cut out at the bottom of this post. The first loans will not be forgiven until 2017, since it requires 120 payments and the first section was 2007. I work as an ER contract employee at a private hospital, but according to what I read, I would be eligible. Is this fuzzy logic since PA's are basically general practice, and the majority of what I see is fast-track? It's nothing really different than what you would see at a family practice and the load is going to increase ten-fold after Obamacare. Many of my friends who work at private practices here in Austin have already told their medicare patients that they will have to look for other providers, so these patients will be dumped on the ER's... Here is what I cut: "Qualifying employment is any employment with a federal, state, or local government agency, entity, or organization or a non-profit organization that has been designated as tax-exempt by the Internal Revenue Service (IRS) under Section 501©(3) of the Internal Revenue Code (IRC). The type or nature of employment with the organization does not matter for PSLF purposes. Additionally, the type of services that these public service organizations provide does not matter for PSLF purposes. A private non-profit employer that is not a tax-exempt organization under Section 501©(3) of the IRC may be a qualifying public service organization if it provides certain specified public services. These services include emergency management, military service, public safety, or law enforcement services; public health services; public education or public library services; school library and other school-based services; public interest law services; early childhood education; public service for individuals with disabilities and the elderly. The organization must not be a labor union or a partisan political organization. Generally, the type or nature of employment with the organization does not matter for PSLF purposes. However, when determining full-time public service employment at a not-for-profit organization you may not include time spent participating in religious instruction, worship services, or any form of proselytizing." Here is the full section: http://studentaid.ed.gov/repay-loans/forgiveness-cancellation/charts/public-service#what-kinds-of-employment If I document the payments, and time spent working in the ER, am I going to be covered? Not asking for an expert legal opinion, but are you other PA's seeing what I'm seeing? Thanks, John Austin
I am seriously considering applying to the NHSC but have a few questions/reservations. I'm hoping someone can give me a few answers. 1. Overall, how has the experience been working with the NHSC? Are there any strings attached or sketchy things that came up that weren't apparent when initially signing up? 2. Is there a possibility that I may end up working somewhere and NEVER receive the loan repayment? 3. What must a site score be to more likely receive repayment? i.e. is 10-20 good enough? 4. Are salary and benefits provided by the site itself or the federal government? I'm assuming the site itself and thus these things vary? (I understand that if the site is say a federal prison, then the salary/benes are provided by the feds) Thanks for any answers/insight you can give me! I really just would like some extra info from those who have gone through the process!