nurse scholarship in exchange for set employment

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between hubby and I we already have 25k in loans.

so id rather not spend a lot more.

I have found 2 hospitals willing to pay for school in exchange for 1-2yrs of employment. both pay while you are in school. They are both pretty good hospitals (one is a teaching hospital).

has anyone else used these resources and regretted it?

well I have to get loans do to this anyways..so I guess taking the risk of having to pay them off in the long run isnt that big of deal. I looked online and they had 3 grad positions open right now.

I put a call in to the HR person handling this...just waiting to hear back now.. I also called several other hospitals to see if they have the same program...waiting to hear back from them.

thanks everyone for the input.

I've never heard of a hospital paying for all of college. I have heard of fixed percent or dollar amount tuition reimbursement providing you keep a B average as well as the ball and chain. Still gonna be some bucks you need to front.

One of the local hospital systems offered a highly competitive scholarship to my class that was full tuition plus stipend for a 4 year work commitment. I opted not to apply because of the commitment length, and because I wasn't sure I wanted to work in either of the two areas they were placing scholarship recipients. The carrot of paid tuition plus guaranteed job didn't outweigh the time commitment for me.

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