One field, your number
Your preferences page has a single rate field, held inside the network's band, and it travels with every card you are shown from then on. Programs see a rotation total, not a ranked list of preceptors by price, so a higher number does not cost you students.
Changes apply to rotations you accept afterwards; a card already accepted keeps the figure it carried on the day you said yes.
One day a week, priced by you
A block is 120 student hours, which over a 14 to 16 week term is one clinic day a week. Your rate applies to every one of those hours; a half-block is 60 hours and pays half at the same rate. Three blocks in a year is 360 hours, all priced the same way.
Two deposits
The first when you sign the midpoint evaluation, the second when you sign the final, both by direct deposit. Pay follows the hours the program's log shows, so a rotation that ends early pays for the hours completed.
In January
Precepting fees are independent contractor income. A 1099-NEC arrives when the year's total reaches $600. Nothing is withheld, so many nurses set aside roughly a third and ask a preparer whether a quarterly estimate is due. A handful of states offer preceptors a tax credit; several apply only to unpaid precepting, so a paid block may exclude it. Ask your preparer rather than assuming.
What it never costs
Nothing is charged to you: not to apply, to be listed, to be matched, to sit the orientation, or to be paid. Programs carry the cost of placement.