Include the current outstanding balance (principal and interest) or the current payoff balance and.Include the date of the statement (cannot be more than 30 days from the date you submit your application).Include the name of the borrower (i.e., the NHSC LRP applicant).
#Freedom plus loan verification
Be on official letterhead or other clear verification that it comes from the lender/holder.Provide two types of documentation for each loan you submit:Ĭurrent information on your qualifying educational loans.
#Freedom plus loan license
Unacceptable documents: driver’s license or Social Security card. passport’s ID page, or a certificate of citizenship or naturalization.
We'll notify you once the site(s) point(s) of contact completes it. We will notify the point(s)-of-contact at the NHSC-approved service site where you work (or plan to work), about your request. You must request an Employment Verification (EV) through the Bureau of Health Workforce (BHW) Customer Service Portal. You will search for and select the NHSC-approved site(s), where you currently provide or will provide patient care. Provide information about your education, training, and licensure/certification. Provide contact information such as your name, social security number, mailing and email addresses, as well as information about individual and family background. If you do not pass this initial screening portion of the application, you cannot continue with the application. There is no guarantee that you will receive a continuation contract.Ĭomplete each of the sections below to submit your application.Once you complete the initial two-year service contract, you may be eligible to apply for additional loan repayment funds to pay any remaining educational loans through one-year continuation service contracts. Note: If you serve in a private practice, you aren't eligible to practice half-time. Half-time service: Up to $25,000 for a two-year initial term NHSC loan repayment funds are exempt from federal income and employment taxes.įull-time service: Up to $50,000 for a two-year initial term You will receive funds to repay your outstanding, qualifying, educational loans. Two year half-time clinical practice at an NHSC-approved site.Two year full-time clinical practice at an NHSC-approved site.**The use of the Skip-A-Pay Program could prevent you from receiving benefits under your GAP Waiver if the total number of skipped payments exceeds the amount allowed under your GAP Waiver.You have an opportunity to increase access to primary care services to communities in need. The Skip-a-Pay request will not be accepted if it is submitted on the day your payment is due or after the payment due date. To ensure proper processing please submit your Skip-A-Pay request a minimum of two business days prior to the date your loan payment is due.
Interest will continue to accrue during the month skipped and your term will be extended by one month. After skipping the payment, your regular monthly payments will resume in accordance with your existing payment schedule. In order to qualify for this promotion, all Accounts and Loans must be in good standing. Loan payments can be skipped only on Personal or Vehicle Loans**. If you do not have a Checking Account, the fee will be taken from your Primary Savings Account. A $30 processing fee per loan will be automatically deducted from your Checking Account and the funds must be in your Account at the time your Skip-a-Pay application is processed or it will be declined. Loans cannot be skipped in more than two consecutive Skip-A-Pay promotions. *The promotion is only valid for loan payments due in July or August 2023.
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