Quote from Cherish
I'm looking into this. I am going to be going into a program that has a tuition reimbursement contract with Duke University Hospital. But its a three year contract and you get back 23,000-24,000 tuition reimbursement (it goes higher if the school increases tuition). But it's taxed so in reality thats about 17,000ish. How many of you would actually do this (you have to sign the contract in the first semester)? I would like to go back into the military (once I graduate but may do reserve while I'm in school) and was wondering if some of these contracts can be voided if you go into the military. Thanks for any replies.
I personally would never sign any contract with any facility in my first semester of school. Neither would I do it later one for that matter: when it comes time to graduate, you will be able to pick and choose the facility, the unit, the schedule you prefer, etc. (being realistic about what's available and competition, of course). If you have a contract with a facility already, THEY will decide when you work, where you work, etc. It's common to have them place you in areas they most need you since they've already "bought" you, but you might find there's good reason for that and hate it.
Naturally, there are those who have gone this route and found it all worked out just great, but in my experience those have been the minority.
I liked being a "free agent" when I got my license: I owed no hospital anything, and when the recruiters came calling, they were happy to give me money in the form of sign-on bonuses, perks. Nothing to pay back if I changed my mind.
I don't know that you can void the contract for any reason without being required to compensate the hospital for their loss ($$ they paid you already). You're not being drafted into the military without choice, you're choosing to go to another employer. Not likely to get you out of anything, but then again, I'm not a lawyer. I'm sure you'd need one, though, if the hospital is paying that kind of money in anticipation of a contracted length of employment and you decide to back out.
Good luck in whatever you decide....how I wish we all had crystal balls when we needed them!