One program many hospitals have implemented is paying tuition for current nursing students. Of course, this does come with strings attached. Once the student graduates from nursing school, he or she is expected to work for the hospital for a prearranged period of time. If the nurse leaves before that time, he or she is responsible for paying back part or all of the tuition. This can be an excellent way for students who would otherwise not be able to afford college to earn a degree. Not only does the student graduate debt free, but they automatically have a job once they leave school. The years after nursing school can be spent gaining experience in a variety of hospital settings, and if they decide to move on once their obligation is fulfilled, they have a good idea of what field of nursing they are most interested in.
Financial Help for Graduate Degrees
The lack of nurses with graduate degrees indicates that it is possible for you to earn a Nurse Practitioner, Nurse Midwife, or Nurse Anesthetist degree without the burden of taking on a significant debt. Previously, it was often difficult to weigh the benefits of returning to graduate school against the problem of expensive graduate school credit hours. With many hospitals and clinics lowering costs by employing Nurse Practitioners in place of physicians, and Nurse Anesthetists to assist the Anesthesiologist, it is very likely that the medical group that you currently work for offers tuition reimbursement. If they do not, you should speak to your supervisor or human resources personnel. They may be willing to offer tuition reimbursement on a case by case basis. If your current employer does not offer tuition reimbursement, you may want to consider moving to a different employer. Many employers will offer full tuition reimbursement or even allow you to attend school full time, with the agreement that you will work for them for a specified time once you receive your graduate degree.