I have recently been considering signing a contract with a hospital to help with the cost of living, school etc. I really don't want to be committed to working at a specific place after graduation to "pay off" the money they will give me, but it may be necessary.
has anyone else done this and how has it worked for you?
Oct 8, '05
Like you, I didn't like the idea of being committed to one institution. I found a loan in my state that allowed me to work at any JACHO certified institution full time within the state one year, for each year of loan I got. It was a good deal. I know a few states have it, but they don't generally advertise it a lot.
A few of my friends did agree to a contract agreement. Some found they were "in line" for the "good jobs", others found later they didn't like the hospital, so it became difficult for them, so I suppose it is a mixed bag, investigate carefully before you sign!! and good luck!