Published Aug 15, 2008
ftnz13
4 Posts
Hi!
Does anyone know if I pay for my own education with money I have saved through the years if a hospital will reimburse me if I keep all receipts? I realize I may need to sign a contract w/promise to work X amount of years. Do they only repay student loans?
Any info. greatly appreciated :)
RenaissancemaN
35 Posts
Im a current student in a RN partnership program through a community college. My hospital pays everything upfront. As soon as we(students) receive our bill, we then bring it to our hospital director and they give us a voucher to pay the bill. My hospital also covers books and uniforms along with tuition. I signed a contract to work for the hospital for 4 years in return.
There are other hospitals in the RN partnership program at my college too. Not all of them work the same way. Some hospitals only pay tuition and some you have to pay up front for.
Im not too sure what my hospital policy is if you're already a RN and looking for tuition reimbursement.
The bottom line is that you should check it out with the hospital that you're interested in.
Good luck!
godbless-yute
135 Posts
Hospitals generally don't give retoractive pay for tuition reimbursement. If they offer loan repayment, (and if you have loans) then that might work for you. Tuition reimbursement only cover any courses now (which they reimburse after you pass) or any courses in the future. You can still ask HR just to be sure about your facility.
clhRN2b2010
265 Posts
Look into getting subsidized student loans. no interest accumulates during school, and they can be cancelled, reimbursed, paid off, et cet afterwards.
I had a similar dilema. We were going to use the proceeds from our house sale and have been advised strongly to not do that. You might as well get as much free money as you can and sometimes, yes, they are required to be outstanding loans. Plus, let that money collect interest somewhere. Now, if you can't get subsidized loans, it may not be worthwhile if you're paying interest. might as well try.
This varies greatly depending upon the tuition reimbursement program you're discussing.