Hospital reimbursement

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I have heard that if you agree to work with a hospital for a certain amount of time,say two years,they will reimburse the money you spent on the college degree.I dont know if this is like an internship,but is it true?

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Specializes in NICU, ICU, PICU, Academia.

This used to be a fairly common practice, but has gone the way of the dinosaur. Even tuition reimbursement for existing employees is being cut most places.

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Specializes in OR, Nursing Professional Development.

What MMJ said. My facility used to reimburse any employee attending any school up to a certain amount as long as they had been employed for at least 12 months and were at least half-time. The agreement was that the employee would continue to work for a year once the final payment was made. This was used mostly for CNAs going on to nursing school, RNs completing a BSN, and those moving on to advanced degrees. Now, they only reimburse those who attend the school affiliated with the facility. Finding a facility to pay for education that was already completed is likely going to be found in those areas experiencing a severe nursing shortage (few and far between) if found at all.

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I've never encountered a hospital that would pay off your existing student loans; most hospitals used to offer some form of tuition assistance as a job benefit for full-time employees, for you to attend school while you were working for them. However, since the economy has shifted, there is no nursing shortage, and hospitals have no difficulty hiring all the nursing staff they want, many employers have cut back on that. Even the hospitals that do offer it as a benefit usually put some kind of cap on the amount of reimbursement available, and it's often enough for one or two classes per semester, not the full cost of full-time college or graduate school attendance.

I just saw your other thread -- if your thought is that you're going to find an employer to pay off the student loans you will accrue by attending a $50k ADN program, I'm afraid you're going to be disappointed.

Best wishes for your journey!

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Specializes in Hospitalist Medicine.

I was hired in to a new grad residency program that required you to complete the BSN within 3 years of hire. They provided tuition reimbursement for the BSN portion of your education (not the ADN). For the new grad BSNs, they paid a portion towards the last 2 years of your BSN program if you had existing student loan debt. They only offer this for new grads, not regular employees. You had to work full time and go to school on your own time to get the reimbursement. I worked full time (three 12 hour night shifts) and went to school full time and it was definitely do-able. You were also required to complete 2 years of employment once the BSN is earned (after the last reimbursement paid) to fulfill your employment obligation.

Check around and see if any hospitals in your area have new grad programs. They do exist, especially in areas where there are teaching hospitals.

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Specializes in Mental Health.

It depends where you live. My A&P professor told me his wife works in HR at a major hospital in the area and apparently it's still common for them to do tuition reimbursement around here.

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It depends where you live. My A&P professor told me his wife works in HR at a major hospital in the area and apparently it's still common for them to do tuition reimbursement around here.

"Tuition reimbursement" as in paying for you to take classes, or paying off the loans people already have?

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Specializes in Mental Health.

Oh sorry I misread that - I've never heard of them doing that lol Just paying for continuing ed

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Continuing education.Like an ASN getting a BSN.I heard of this before.

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Continuing education.Like an ASN getting a BSN.I heard of this before.

Yes, plenty of hospitals will help defray the cost of continuing education (not as generously as they used to, back in the "good ol' days" before the economy tanked).

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Many healthcare organizations in my area offer some form of tuition reimbursement for folks going back to school. Check with the organizations where you want to work. I do see that organizations are not nearly as generous as they were decades ago. - But the economy has changed.

There are also a number of programs that "forgive" tuition to varying degrees. The following link seems to give a good overview:

217 Student Loan Forgiveness Programs for Nurses - What's New?

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Specializes in Complex pedi to LTC/SA & now a manager.

No one repays loans. The only exception is the extremely competitive HRSA which is really geared for nurse practitioners to work in underserved areas. (And you must work in one of the designated facilities as a condition of the program)

You just graduated high school what's the rush to enter into excessive student loan debt? Why not look at an instate BSN program which will cost much less than an overpriced private/for profit school. Most of the public schools have well respected/established relationships with local hospitals and healthcare facilities. The recommendations from the public school will assst in the job search.

Ps it's NCLEX-RN or NCLEX-PN. I was trying to figure out what North Carolina had to do with anything.

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