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  #1  
Old Feb 26, 2007, 11:23 AM
Registered User
Join Date: Aug 2006
Loan repayment?

I am very new to the boards and have been reading around a lot.......I keep seeing loan repayment? Does this really mean once I graduate I could get a job with a hospital that will pay my loans back for me? If so, what type of numbers am I looking at? thanks

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  #2  
Old Feb 26, 2007, 11:42 AM
Registered User
Join Date: Feb 2007
Re: Loan repayment?

Take a look at the hospital websites. They often say. It can be anywhere from $1500 to $4000 per year. Some hospitals have caps, others do not.

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  #3  
Old Feb 26, 2007, 07:30 PM
WDWpixieRN's Avatar
I did it!!
Join Date: Nov 2005
Re: Loan repayment?

Don't have a clue...since I'm at the CC, I'm not real concerned unless there's a hospital that wants to pay for this education plus my former bachelor's that I still owe money on!!

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  #4  
Old Feb 28, 2007, 06:46 AM
1studentnurse's Avatar
Senior Member
Join Date: May 2006
Re: Loan repayment?

wdw:

Most will pay one or the other--loan forgiveness payments or tuition reimbursement, but most will not do both.

If you went to the CC and want a BSN, the tuition reimbursement at most places will pay for your BSN. Many are online now.

Good news: One of the best for tuition reimbursement is SLU Hospital. You get a SLU degree for 1/3 of the actual cost. No other hospital reimburses that well. So if a BSN or higher is on your radar, check them out.

Bad news: no free parking for employees at SLU Hospital (or students either). Runs about $300+ per year, depending on when you work.

Another cost: You will also pay a 1% city earnings tax. (also at BJC main, Childrens, Cardinal Glennon) for the pleasure of working in St. Louis City.

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  #5  
Old Feb 28, 2007, 09:28 AM
WDWpixieRN's Avatar
I did it!!
Join Date: Nov 2005
Re: Loan repayment?

Originally Posted by 1studentnurse View Post
Bad news: no free parking for employees at SLU Hospital (or students either). Runs about $300+ per year, depending on when you work.
Another cost: You will also pay a 1% city earnings tax. (also at BJC main, Childrens, Cardinal Glennon) for the pleasure of working in St. Louis City.
Thanks for the information!!

Yeah, no thanks....I don't know where I'll end up, but I did that "city" employment for 6 years with a company downtown....one of the things health care allows is PLENTY of employment options...and the short drive is what I'm all about these days!!

But I'll keep the SLU info in mind...that could potentially offset the other expenses!!


Last edited by WDWpixieRN : Mar 03, 2007 at 10:22 AM.
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  #6  
Old Mar 02, 2007, 12:56 AM
BeccaznRN's Avatar
BeccaznRN (Female)
Nights ROCK!
Join Date: May 2006
Re: Loan repayment?

I believe that all the SSM facilities offer the same tuition reimbursement. I can't remember what it is though - something like $2.00 for every hour worked with no cap. I know at Glennon, parking is free.

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