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?

JustBeachy,

I don't think it's easy to get loan forgiveness, but I have heard of it out there... I have heard of it related to individual institutions and related to medically-underserved areas... Here's another link with some info that seems to have some options for undergraduate students (as well as otherwise)... American Association of Colleges of Nursing | Financial Aid

I have heard that about threats to the federal loan forgiveness programs related to budget cuts. -I must admit I really don't know much about it as I don't have loans. ---But the info at the above site suggests to me that there are some funds out there, and that it might be worth investigating.

Additionally, I have been quite surprised to learn that many out-of-state universities cost much less than public universities in my state. The state made cuts that impacted the universities and tuition. --I was shocked to learn that I might be able to pay a lower tuition bill as an out-of-state student.

I agree with you about pursuing an economical nursing school and avoiding school debt. I think a prudent course of action for the poster (if poster is thinking of going to nursing school) would be to get an entry-level job at an institution that offers tuition benefits. I'd then either pursue and ADN or a BSN while working (and using those benefits).

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Specializes in NICU, ICU, PICU, Academia.
JustBeachy,

I don't think it's easy to get loan forgiveness, but I have heard of it out there... I have heard of it related to individual institutions and related to medically-underserved areas... Here's another link with some info that seems to have some options for undergraduate students (as well as otherwise)... American Association of Colleges of Nursing | Financial Aid

I have heard that about threats to the federal loan forgiveness programs related to budget cuts. -I must admit I really don't know much about it as I don't have loans. ---But the info at the above site suggests to me that there are some funds out there, and that it might be worth investigating.

Additionally, I have been quite surprised to learn that many out-of-state universities cost much less than public universities in my state. The state made cuts that impacted the universities and tuition. --I was shocked to learn that I might be able to pay a lower tuition bill as an out-of-state student.

I agree with you about pursuing an economical nursing school and avoiding school debt. I think a prudent course of action for the poster (if poster is thinking of going to nursing school) would be to get an entry-level job at an institution that offers tuition benefits. I'd then either pursue and ADN or a BSN while working (and using those benefits).

OP is determined to pay $50k for an ASN and cannot be bothered to listen to experienced persons trying to help her avoid this (on another thread).

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Since student loan relief programs are continually evolving, it may be wise to speak with experts who deal with them day after day.

If you have Federal Student Loans, work for a non-profit, and have questions about qualifying for forgiveness, that national helpline is 888-850-4819.

If you have Private Student Loans or need advice about the Devry and ITT Tech student refunds and or help with your borrower defense application, that helpline is 888-669-1064.

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Whatever route you choose, be sure to make your payments on time. Not only will late payments harm your credit score, but there are other difficulties one can encounter.

This link has an overview.

What Could Happen if You Default on Your Student Loan

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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?

It will vary definitely! I know that Duke Regional will reimburse 95% I believe. Other hospital systems will pay loans back at $200/month for example.

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OP is determined to pay $50k for an ASN and cannot be bothered to listen to experienced persons trying to help her avoid this (on another thread).

I can't even imagine how I'd feel if I saw $50k loans at graduation time...

One of my classmates did that. She took out extra money and spent it on clothes or paid full price school bookstore books. She's suffering now.

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