How competitive is the NHSC Scholarship?
The process is competitive, with around ten percent of applicants receiving scholarship. For the most detailed information about this program, read their latest application and program guidance pamphlet.
How long does it take to hear back from NHSC?
On average, it takes three weeks to complete an application, including all required and supplemental documentation. Be sure that the answers you provide in your application match your supporting documents. If we find they do not, we will reject your application.
What is the mission of the National Health Service Corps?
NHSC’s mission is to build healthy communities by supporting qualified medical, dental, mental and behavioral health care clinicians working in areas of the United States with limited access to care.
Can I do NHSC and PSLF?
If you qualified for both programs simultaneously, after two years of NHSC, you could potentially get $50,000 in assistance. This only counts as one payment, so you need another 119 payments to be eligible for PSLF.
Is NHSC repayment taxable?
In return, the NHSC LRP assists clinicians with repayment of their outstanding qualifying educational loans. By statute, NHSC LRP funds are exempt from federal income and employment taxes.
How can I get out of NHSC?
Taking Permanent Leave from Your NHSC Site If you feel you can no longer continue working at your current NHSC-approved site, discuss the situation and/or concerns with your NHSC-approved site management and contact us immediately through the BHW Customer Service Portal.
Can you get NHSC and PSLF?
Do you pay taxes on NHSC loan repayment?
Can student loans be forgiven due to mental illness?
Federal student loan borrowers qualify for student loan forgiveness if they suffer from any mental or physical disability that is severe, permanent and prevents them from engaging in substantial gainful activity. Proof of the disability can come from a doctor, the SSA, or VA.
Do I have to pay back student loans if I am on disability?
If you have federal student loans, you may be eligible to have your loans canceled through a “total and permanent disability” (TPD) discharge if you become disabled. A discharge means that you don’t have to repay the loans (with some exceptions—see below).
Will my student loans be forgiven if I’m approved for disability benefits?
If you’re totally and permanently disabled, you may qualify for a discharge of your federal student loans and/or Teacher Education Assistance for College and Higher Education (TEACH) Grant service obligation.
Are student loans forgiven after 65?
The federal government doesn’t forgive student loans at age 50, 65, or when borrowers retire and start drawing Social Security benefits. So, for example, you’ll still owe Parent PLUS Loans, FFEL Loans, and Direct Loans after you retire.