Scholarship in exchange for work commitment

1. Hi,
   
   I received an application for a local community hospital. system. There is the standard application, essay, recommendations, etc. If awarded, you agree to work for that hospital system one year after graduation for each year the scholarship is awarded. Of course, you need to maintain a good GPA throughout the program.
   
   I have worked for this hospital before in Rad Tech and really enjoyed it.
   
   Has anyone done regretted doing a program like this? Any comments?
   
   Thanks,
   Michelle
2. 

   About NewEnglandRN

   Joined: Mar '04; Posts: 611; Likes: 24
   RN; from US
   Specialty: 4 year(s) of experience in Med-Surg, Psych

   6 Comments

   Topic Closed
3. 
   Jun 30, '04

   Occupation: RN Specialty: 3 year(s) of experience in Med-Surg ; Joined: May '04; Posts: 826; Likes: 47

   Good question. I've just applied for the same only I'm required to work two years for every one that is paid. One thing that has me hesitating is some wording in there about how the hospital "strongly encourages" me to obtain my LPN as soon as I'm eligible within my RN program and begin working for them "to maintain my skills" even though I'll still be going through nursing school. I'm not sure I want to have to deal with pressure to begin working when I'm still wanting to give my attention to school.... In any case, I'm interested in hearing what other's have to say about this as well..
4. 
   Jun 30, '04

   Occupation: RN - OB in rural hospital, Nursing Instructor at community college Specialty: 5 year(s) of experience in OB, House Sup, ER, Med Surg ; Joined: May '03; Posts: 206; Likes: 47

   I am doing this. Since I live in a VERY rural area, my choices are limited anyway. And, with 3 kids and a husband who is a local business owner, I am not likely to be moving any time in the near future. I have to work 1 year for every year that I am in school.
   The hospital I have signed with does have a buy-out option too.
5. 
   Jun 30, '04

   Joined: Nov '02; Posts: 729; Likes: 118

   Make sure you have the buy-out option - meaning if you change your mind about working there, that you can just pay them back the money. There are a lot of hospitals offering sign-on bonuses/loan reimbursement - you will want the option of working elsewhere if you choose. If you like the hospital & plan on working there after graduation anyways - then it sounds like a good idea. Just make sure you read the fine print.
6. 
   Jun 30, '04

   Occupation: RN Specialty: 4 year(s) of experience in Med-Surg, Psych ; From: US ; Joined: Mar '04; Posts: 611; Likes: 24

   Thanks for the guidance. The program does offer a buy-out option...Wish me luck, they only offer 4 scholarships for 120 students :uhoh21:
   
   Michelle
7. 
   Jun 30, '04

   Occupation: RN Specialty: ER, ICU, Cardiac, Med-Surg ; From: US ; Joined: May '04; Posts: 148; Likes: 4

   I have applied to a similar program and am waiting to schedule an interview. The DON called today actually. Now, I am getting nervous... As long as there is an opt-out clause (which mine also has) I don't see it as extremely risky. Riskier, yet, is the idea that I might not be able to go to school due to financial factors! Good luck to you. Let us know what happens.
8. 
   Jul 6, '04

   Joined: Jul '04; Posts: 112; Likes: 23

   Does anyone know of any hospitals in NY prferably Long Island area or NJ, or PA doing the school-to-work program?? Meaning they'll pay your tuition as long as you promise to work at their hospital when you're done

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