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I recently passed my NCLEX RN and was hired on a telemetry floor. Yesterday, I got a packet in the mail and the hospital wants me to sign a new grad contract that I will pay back my new grad orientation fees ($11,000 for 12 weeks) if I quit or I'm fired within 18 months. Is this something that most new grads have to do? I'm a little worried about being locked into a job if something doesn't work out. What have you other new grads experienced with contracts and getting your first RN job?