I need insight

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I'll be entering lpn school this fall, should I accept a tuition loan from my local hospital? I know I will have to sign a contract to work there post-graduation, but will they take the tuition out of my pay???

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It depends on how your facility has it set up. They will probably deduct it from your pay each month until it's paid off, but it should be reasonable. Loans like that are usually low interest, so it's definitely something you should seriously consider.

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Specializes in ICU/ER.

My hospital paid a nice chunk of my tuition and I had to sign a contract, but no money comes out of my pay, I simply need to work there 6months for every full time semester paid. They paid for 4 full time semesters, I owe them 2 years. FYI i work part time, and that is fine, just two years. If I leave before the 2 years I owe them the remaining. ex if I only work for them 1 year, then I owe them 2 full time semesters worth of what ever tuition they paid. I owe them this in full with in 30 days of my resignation.

Since I was going to work there anyways after graduation I could not turn it down.

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