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Discussion

New grad

Hi! My name is Ahrabia. I graduate December of next year with my b.s.n. Can someone help me figure out how to pay for housing after graduation? I want to move out of Mississippi after graduation. Are sign on bonuses given before you start the job? I need to get my housing situation together before I start a job in another state.

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    • Featured Replies

    Hi and welcome to the site.

    Moved to the Nursing Career forum

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    • Author

    Hi! Thank you.

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    2 hours ago, Ahrabia said:

    Are sign on bonuses given before you start the job?

    Sign on bonuses are given after you are working at the hospital for a certain period of time. It may be in one check or over several paychecks. Not all hospitals give sign on bonuses, usually hospitals that have trouble retaining nurses or are in a location that nurses choose not to want to move to.

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    • Expert

    It would be extremely rare for you to get any money from an employer before you start working for them. Usually, your first paycheck (bonus or no bonus) comes after you have worked for 1 - 2 weeks. So you will need to save up some money to pay for your housing for the first month or so when you move.

    Assuming you are going to rent an apartment of some type, you'll probably need to pay your first month's rent up front when you move in -- and also another month's rent as a security deposit.

    You pay your money, you move in, then you start work, then you get paid. So you'll probably need to save up some money -- or borrow it from somebody -- to pay the expenses of moving to the new city and making those first rent payments.

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    • Author

    Thank you for your replies! So all I need to do is basically have enough money to put down for an apartment before I start the job. Ill probably save some of my grant money in my last semster. This way ill have a place and get paid in about two weeks with my job. As for applying to out of state hospitals, ill have to have money to travel to these hospitals for interviews. Then, I will have to have money to travel back to the out of state location to settle my new place and get ready to work!?

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    • Expert

    Yes. You can ask about the amount and exact timing of your first paycheck when you interview. Some employers take a little longer to pay you than others, but it is usually 1 to 3 weeks after you start.

    It always helps to have a little cash in reserve as you go through life's transitions -- just in case some unexpected expenses come up.

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    • Author

    How do I afford to buy land and a house one day? How is that process? I plan on starting my ENP a year after I graduate. I want to buy or build a house so I will not have to spend so much on rent every month. That way I can focus on my other goals .I want to own a restuarant and feed the needy.

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