Published May 26, 2009
I know a lot of us might have went to private school for nursing and are in a lot of debt. So if everyone can just name hospitals that pay some of your loans back and how much, I'd really appreciate it. Thanks!
llg, PhD, RN
Won't name the hospital I currently work for ... but we have no loan repayment program to pay for old student loans. (That's what such programs are called, "loan repayment programs." "Tuition reimbursement" is a term usually used to describe the reimbursment for classes taken while you are an employee for that institution.)
Tuition reimbursement for classes being taken currently = $2,000 per year if working full time, $1,000 if you are working part time, 0 if working PRN or in an "unbenefitted" position.
This is a bad time (because of the economy) to be looking for loan repayment programs, sign-on bonuses, etc. The hospital system I work for has (recently) cut way back on its tuition reimbursement program, basically eliminating it for anything except nursing classes -- the system will still help current employees go to nursing school, but that's it.
Multicollinearity, BSN, RN
If you work for an Indian Health Service hospital with a certain federal distinction regarding health care worker shortages, you may qualify to get up to $20,000 in student loans repaid for each year of employment. If you are interested:
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