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.
Moreover, can you do NHSC and PSLF together?
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.
Furthermore, is a HRSA grant taxable income?
Generally, no. A health care provider that is described in section 501(c) of the Code generally is exempt from federal income taxation under section 501(a).
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.
Is there loan forgiveness for nurses?
The Nurse Corps Loan Repayment Program repays 60% of your unpaid nursing student loans — whether they’re federal or private — in return for two years of full-time employment. Nurses who work a third year may be able to get an extra 25% of their original balance paid off.
What are NHSC sites?
The following site types are eligible to become NHSC-approved:
- State Prison.
- Centers for Medicare & Medicaid Services Certified Rural Health Clinics (PDF – 1 MB) …
- Critical Access Hospitals (CAH)
- Community Mental Health Centers (CMHC)
- State or Local Health Departments.
- Community Outpatient Facilities.
What does NHSC stand for?
What Hpsa qualifies for loan repayment?
What is the loan Repayment Program?
The PSLF Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.
Who can apply for LRP?
Applicants must meet specific eligibility criteria: Be a U.S. citizen, U.S. National, or permanent resident. degree (except for the Contraception & Infertility Research LRP). Have qualifying educational debt equal to or in excess of 20 percent of their institutional base salary.