Info on benefits....

  1. To begin with I am a 27 year old mother of one living in Dayton. I am a student at WSU and I should start my cohort Fall 07. I have heard from various sources that since there is such a shortage of nurses that many hospitals give outrageous benefits. I am most interested in the rumor that they will pay off your student debt. Does anyone knoe about this? How about other benefits that are made available that you first hand. Thanks so much!!!:roll
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  2. 7 Comments

  3. by   Lovely RN
    Yes that is true. In fact a friend on mine just graduated and is starting a a community hospital full time nites and the hosp. is paying 200 dollars a month toward her student loans as long is she remains full time. Other hosp may require you to sign a contract to stay for a certain length of time and if you don't you have to pay them back the money they paid on your loan.
  4. by   llg
    Benefits vary greatly from region to region and from employer to employer. Yes, there are some employers that currently offer scholarships, loan repayment programs, etc. -- but that doesn't mean that the hospitals you will want to work for will offer those things. By the time you graduate, things are bound to change and we don't know what will be availble.

    You also need to consider that some of those programs demand a great committment from the nurse to work unpopular units and/or unpopular shifts. Some programs pay the nurses less per hour than they pay the other nurses in the hospital. How will you feel about that when the time comes to fulfill your committment to the hospital -- working a shift you don't want to work on a unit you don't like for less cash than you co-workers? That's whem a lot of people start regretting ever getting involved in some of those programs.

    Remember ... hospitals use such incentives to fill positions that they can't fill through ordinary, less expensive means. If the jobs were really attractive jobs, they probably wouldn't need to offer such big incentives. There are a few good deals out there at a few really nice places to work -- but there are a lot of undesirable jobs being filled with such drastic incentives to lure people in.

    Be careful not to count on such programs. They may not be there when you need them -- or they may cause you more misery than they are worth. If you happen to truly WANT to work at a hospital that has a program that interests you, then that's great. But be prepared for the fact that if might not happen that way for you.
  5. by   WSU_Ally_RN
    I have quite a few friends that stayed in the Dayton area after graduation last June. Most work at MVH. I believe that the valley will pay you $10,000 if you will agree to work for 2 years. I think they got it in one or two lump sums. I would call around or look at the websites of the different hospitals and see what you can find. Most hospitals now a days have some sort of loan repayment plan for their nurses. Good luck!
  6. by   all4schwa
    The valley also has a great internship program, but if you did clinicals there, you probably don't need to do that...but they do have a critical care tract which I notice you have listed under speacialty. the 10g's is in 3 lump sums over two years. feel free to pm me with any questions. I've been there about 5 mo's and i love it.
  7. by   Imafloat
    No hospital will pay off all of your loans. In the Dayton area you can get 10K by working for Premier Health Partners for 2 years or 11K by working for the Kettering network for 3 years.
  8. by   cardiac.cure03
    I work at Kettering hospital and they pay back 9500 over 3 years, but there's no commitment like there are at other hospitals in the area. I believe the other Dayton area hospitals pay about the same too, 10,000.

    I've just gotten my first lump of it last week. DONT FORGET, it's taxable...

    So I've done the math and calculated my 9,500 to actually be 6 grand and something.

    So yes, these hospitals pay some back... But I went to WSU too. And I have about quadruple the amt of loans that will be payed back by KMC. (And I went the standard 4 1/2 yrs or so, just lived on campus which didn't help).

    Good luck to ya though!
  9. by   CRNA2BKY
    Quote from WeeBabyRN
    No hospital will pay off all of your loans. In the Dayton area you can get 10K by working for Premier Health Partners for 2 years or 11K by working for the Kettering network for 3 years.

    Actually, this is NOT a true statement all the time. For instance, I know people that will be in debt about 5K by the time they finish the ABSN program that I am in. I know of some hospitals will pay upwards of $4,000 per year in student loan repayment, so this 5K debt will be repaid totally by the hospital in a little over 1 year. It all depends on how much of a student loan someone has. If a person has very little student loan debt, then yes, a hospital can easily pay off a persons student loan debt.

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