You will know because the stipend sum will be 5x whatever it is now (1466?) minus taxes and it’ll show the exact amounts deposited in your portal. Everyone’s ORC is different based on what your school reported but I generally see most have it around 4-6k.
so do you think it is a good idea to let our school know not to add living costs?
would the 4-6k be only for the first deposit and the rest would only be 1466 stipend per month?
Do you know if the monthly stipend differs per year? Concerned about inflation and the cost of rent in my school's area
It goes up every year. Not by much, but they let you know when it does
Does ORC go straight to the school or to our direct deposit?
Yes that is correct. It’s a lot of money.
It goes to the same place as your stipend, just as a separate deposit. So whichever bank account info you gave when you submitted your finalists info.
wait why do we receive 4-5 months of stipend for our first deposit?
Because your scholarship technically started in July even though you don’t even get notified of it until September. So they’ll pay tuition back to July and they pay your stipend back to July as well.
ohh wow! thats so amazing!
Yes. Every October/November you’ll get it. It will be a different amount every year as well.
Yes. That only matters for tuition. Stipend is back to July no matter what.
$30 after taxes.😂 Unfortunately with my rent cost, I took out some student loans so I have money for things besides rent.
You’re going to get rent from July so like 5x the stipend which you will continue to get every month plus the ORC which is once a year for supplies/etc.
Honestly, I think I had a pretty isolated case.. And if your ORC isn’t crazy high, there shouldn’t be any worry. I thought it may have been an error on their part from when we had to print the school’s estimated costs but I guess the Lschool submits it too?
wait im confused. what do u mean $30 after taxes??
Is this ORC cost really 11K for everyone? Or at least somewhere around this amount
same, also how many ppl per year end up getting notified as a finalist but not getting a countersignature?
I’m pretty sure they mean the change was $30. So about a $30 increase from year to year.
I don’t think you need to do anything yet. I would just live frugal until next semester when you know that everything is going smoothly. My first semester was rough and I ended up returning too many loans and had to request my loan servicer reverse my payment. Don’t jump the gun. Just let everything happen first.
Me toooooo!!
No. ORC is more like $6k.
Virtually zero, but I’m sure there has been a situation somewhere where it maybe happened once or twice.
Same here!
Man I hope everyone saying this is right because I’m dying for the countersign already 😭
Did you just log into your scholarship portal and it brought you straight to participant instead of applicant?
@cooliyak please help lol
Same position for me!
Yes. Just be patient and your portal should update soon.
That might be a school specific issue. I had something similar, but my bursar just reached out to the NHSC and verified my scholarship. They took it from there and I never had an issue again. The first one is the rough one.
I'm in the same boat, just downloading my contract 10x to check the counter signature is still there 😂 countersigned 9/2 about 1pm and haven't gotten a congrats email or updated portal yet 🤷🏻♀️ I'm sure it'll come just this waiting is a bit torturous
they said they'd notify by 9/30 so you still have some time!!
Yes, if the school has had scholars in the past, they should know how it works and get things taken care of
ok thank you so much! im not sure if theyve had recipients in the past but hopefully they did so they'll know how to navigate through this!
You might be able to submit that as a question in your portal, but knowing the NHSC, I really don’t think that they will provide a letter like that. It will probably come down to you strong-arming your school into just invoicing the NHSC. If they haven’t had a scholar before, I would go into your bursar’s office and ask to speak with someone in person. Bring your award letter and contact. If they have, ask that they contact someone at the NHSC to verify things themselves.
