no more debt please

Posted

hello-

has anyone had any luck getting their employer to pay back some of their loans once they started working as an RN?

I have almost a 1 1/2 left and i am just getting more and more in debt. i have tried to look at getting a scholarship at hospitals like DCH and Brookwood only to no avail. I really need to move closer to my family. they all live in the tuscaloosa area.

I am very open to any comments anyone may have on this.

Mommy TeleRN

Mommy TeleRN, RN

Specializes in Float. Has 3 years experience. 649 Posts

I live on the TN side - so I don't know for sure in Alabama - but in Memphis where I work it seems most of the hospitals pay back $250/month when you come to work for them as a RN - so keep looking around for hospitals that offer that as a benefit.

Suebee6

Suebee6

Specializes in 4 years peds, 7 years L and D. 68 Posts

Brookwood does pay back your loans, if you are a full time employee they pay up to $400 a month. I am only part time there so I can't take advantge though!!!

soundasleep

soundasleep

21 Posts

wow! thats great!

do you know if they only pay fedreal loans or do they do private nursing loans too?

do u have an idea what new grads are getting there these days?

Ella_Papaya

Ella_Papaya

Specializes in ICU, Neuro, Surgical. 2 Posts

At Brookwood new grads are receiving approx. $18.50 to start. It was just increased from $18.10 in Oct-Nov '05. I don't know if compensation will get any better since the problems have arisen with Tenet owing big bucks for Medicare fraud. Starting salary isn't the best, but the benefits seem to be better than at some other local hospitals.

Regarding loans...

First, consolidate your loans into one.

Brookwood will repay most nursing loans (contact their HR dept for details) at $400/mo, but will repay no more than $12,000 total (this # might have changed recently).

You must work there 90 days before even filing for loan repayment. You must submit proof to HR that you are paying $400 (or whatever amount) towards your loan every month.

Then it takes another 2-3 months for them to file paperwork (make sure they have all the paperwork they need or it will take even longer). You will see the money on your paycheck each pay period and it's your responsibility to send the payments to Citibank or whoever has consolidated your loans.

Good luck!!!

soundasleep

soundasleep

21 Posts

I didn't know they were having any problems financially. What is Tenet?

What kind of benefits do you think are really good that they have?

Thanks for the information!

Suebee6

Suebee6

Specializes in 4 years peds, 7 years L and D. 68 Posts

Tenet owns Brookwood.

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