Hospitals that Pay for Nursing School

If you’re struggling with money or you need financial assistance to pursue an education in your chosen career path, then you should know that there are various hospitals that can help you with your tuition. Whether you’re fresh out of high school, looking to advance in your profession or you’ve decided to change majors, lowering your debt and finding an affordable education program can be tricky, especially if you aren’t eligible for a scholarship. However, when it comes to nursing schools, there are different options for managing your finances and making cost-effective choices for your career and training.

The Best Ways to Cover Your Tuition

The first step you should take if you want to deal with your tuition in a cost-friendly manner is to search for scholarships suitable to your location, degree program and requirements. If you don’t qualify for one within your training program or city, then you can look for loan repayment opportunities. This means that you work at a healthcare facility and, in return, they pay off your nursing school investment. Another option is to join a career ladder program, which ensures that you receive both a specialized scholarship and a job position at the facility after graduation. In addition, you can see if you are eligible for tuition reimbursement, where the healthcare institution will refund your loan while you work. There are also several colleges and universities that offer residency programs and allow you to easily transition from being a student to becoming nursing professional. When it comes to loans, federal loans are your best bet, since you can generally settle on a fixed, low interest rate or even apply for a subsidized loan (where the government pays the interest on your loans as well – while you’re in school). As a last resort, you can try to obtain a private loan. The downside of this is that there is far less repayment flexibility and you will have to provide a co-signer who will be legally bound to repay your loan if you are unable to.

How to Obtain Financial Assistance

When it comes to nursing schools, hospitals and other healthcare agencies, you can generally receive loans under the form of scholarships, grants, low-interest loans and various education or work programs. It’s important to note that you have much higher chances of being eligible for any of these financial aids if you are an employee of the hospital. So if you find a program that fits your career goals and covers your tuition, try applying for a job within the hospital – it can be as basic as becoming a cafeteria worker or a curator there. Either way, this is a great opportunity to familiarize yourself with the healthcare work setting, as well as develop relationships and learn to efficiently collaborate with other employees.

Several hospitals offer their students low-interest loans, which can provide you with more flexibility, as well as funding and education opportunities in the nursing field. In terms of scholarships, these are usually designed for full-time students in their final year of nursing training that can provide valid accreditation for the program they’re enrolled in. If your performance is above average and you can provide licensure, you can apply for a scholarship that will be awarded to you once you begin working at the hospital. In order to be considered for this grant, you require a GPA that’s above average, as well as a letter of recommendation. Another thing to take into consideration when it comes to these types of scholarships is that a commitment is required from the student – you will have to work within the hospital for 1 to 3 years.

If you’re a nursing student in any semester, you can submit an application for a job position within the hospital in order to join a work-study program. The way this works is that you are hired in either a cleaning, curator or clerical position and, in exchange, a portion of your income is redirected towards your tuition. You can also check to see if you qualify for any nursing grants offered by your hospital. Students with disabilities, low-income or part of minorities can apply for this type of grant and complete all of their training on-site in order to receive a nursing degree. As hospitals receive funding to promote education for these groups, the grants do not have to be reimbursed. To find tuition programs and scholarships, you can search online or call the nursing department of your local hospital to schedule an appointment with a supervisor.

Hospitals That Offer Tuition Payment

Here are some of the most widely-known hospitals that provide both high-quality education and funding opportunities for prospective nurses – Red Bay Hospital (Alabama, $2,000), Kingman Medical Center (Arizona, up to $6,000, requires a 2-year contract with the organization), Kodiak Hospital Auxiliary and Alaska Medical Employee Association (Alaska, requires 3 letters of recommendation and college or high school certification), Yuma Regional Medical Center (Arizona, $30,000 per year for local students), Yavapai Regional Medical Center (Arizona, provides “loan forgiveness” – up to $10,000 exempted for each year of employment), University of Arkansas for Medical Sciences Medical Center (Arkansas, requires a GPA of 2.8 or above and accreditation for the nursing program), The River Health System (Arkansas, requires transcripts and written essay), Glendale Memorial Hospital and Health Center (California, tuition reimbursement of $3,000 per year), Presbyterian Intercommunity Hospital (California, $5,000 scholarship for Registered Nurses, $1,000 yearly tuition reimbursement for part-time workers and $2,000 per year for full-time nurses, requires written essay, letters of recommendation and employment certification), University of California Davis Health System (California, scholarship of up to $15,000 over the course of 5 years or fee reduction for university courses of 12 units per quarter).