How can I get out of NHSC?
How can I get out of NHSC?
Whether you resign or your NHSC-approved site(s) terminates you, contact us immediately through the BHW Customer Service Portal. If eligible for a transfer, we will give you a certain timeframe in which to obtain employment at an NHSC-approved site.
Who qualifies NHSC?
National Health Service Corps Loan Repayment Program (NHSC LRP) awardees commit to serving at least two years of service. Those two years must be full-time or half-time clinical practice. And, you must serve at an NHSC-approved service site in a Health Professional Shortage Area (HPSA).
What does NHSC stand for?
National Health Service Corps
5. PROGRAM OVERVIEW. INTRODUCTION. The National Health Service Corps (NHSC) is a federal government program administered by the U.S. Department of Health and Human Services (HHS), Health Resources and Services Administration (HRSA), Bureau of Health Workforce (BHW).
Is NHSC repayment taxable?
By statute, NHSC LRP funds are exempt from federal income and employment taxes. These funds are not included as wages when determining benefits under the Social Security Act.
How much is the NHSC stipend?
During the 2021-2022 school year, NHSC scholars will receive a monthly stipend (currently estimated at $1,434 before federal taxes) to assist with living expenses.
How much do NHSC physicians make?
What are Top 5 Best Paying Related NHSC Loan Repayment Jobs in the U.S.
| Job Title | Annual Salary | Monthly Pay |
|---|---|---|
| Physician Loan Repayment | $169,057 | $14,088 |
| RN Loan Repayment | $119,085 | $9,924 |
| Loan Repayment Family Nurse Practitioner | $119,006 | $9,917 |
| Work From Home Student Loan Repayment | $113,107 | $9,426 |
How competitive is the NHSC Scholarship?
Medical students must be US citizens, in school full-time, and complete a primary care residency to be eligible for this program. The process is competitive, with around ten percent of applicants receiving scholarship.
What are the NHSC-approved sites?
The following site types are eligible to become NHSC-approved:
- State Prison.
- Centers for Medicare & Medicaid Services Certified Rural Health Clinics.
- Critical Access Hospitals (CAH)
- Community Mental Health Centers (CMHC)
- State or Local Health Departments.
- Community Outpatient Facilities.
- Private Practices (Solo or Group)
Can you do PSLF and NHSC?
Pursuing NHSC loan repayment and PSLF at the same time Under PSLF, after working 10 years at a qualified organization and making 120 payments, your remaining student loan balance is forgiven. If you qualified for both programs simultaneously, after two years of NHSC, you could potentially get $50,000 in assistance.
Is NHSC competitive?
The NHSC scholarship application process is highly competitive. Each year, there are more than 1,800 applications from hundreds of schools from across the country. Approximately 10 percent of the applicants receive the scholarship award.
How much is the HRSA monthly stipend?
Stipend Payment a. For the 2019-2020 academic year, the Nurse Corps SP will pay each full-time student a monthly stipend of $1,383 (which is reduced after federal income and federal Insurance Contributions Act (FICA) taxes are deducted). A part-time student will receive a proportionately reduced stipend amount.
How competitive is NHSC Scholarship?
How many half time days can you spend away from NHSC?
If you work half-time, you may not spend any more than 35 half-time workdays per service year away from the NHSC-approved service site. This applies to vacation, holidays, continuing professional education, illness, or any other reason.
What to do if you leave 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. Note:If you leave your NHSC-approved site(s) without our prior approval we may place you in default.
How much can I pay off my NHSC loan?
Up to $50,000 Up to $25,000 With continued service, NHSC clinicians may be able to pay off all of their student loans. Tax Liability Not taxable Service Commitments Two years of full-time service (minimum 40 hours/week, 45 weeks/year) at an NHSC-approved
What happens if I breach my NHSC loan repayment policy?
If you breach a commitment to serve in a full-timeclinical practice, you will become liable to the United States for an amount equal to the sum of the following: The amount of the loan repayments paid to you representing any period of obligated service not completed;