There’s currently a nursing shortage, and the generally accepted outlook is that a shortage will remain through the immediate future. As our population lives longer and medical technology continues to grow, the need for nurses outpaces the rate by which nurses are finishing school. This nursing shortage bodes well for for industrious students that are looking to attain scholarship money and graduate debt free.
One solution several hospitals have implemented is a scholarship program that absorbs tuition costs for current nursing students. However, this investment does have strings attached in most institutions. Once the scholar graduates from nursing faculty, he/she is committed to work for the hospital for a prearranged period of time. If the nurse leaves before that point, he or she is accountable for paying back part or all of the tuition.
This can be an incredible solution for college students who would otherwise not be able to afford college to earn a degree. Not solely will the scholar graduate debt free, but they automatically have a job once they leave school. The years once nursing faculty can be spent gaining expertise in an exceedingly 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’re most interested in.
Financial Help for Graduate Degrees
The shortage of nurses with graduate degrees indicates that it is attainable for you to earn a Nurse Practitioner, Nurse Midwife, or Nurse Anesthetist degree without the burden of taking up a significant debt. Previously, it absolutely was often troublesome to weigh the advantages of returning to graduate school against the problem of pricey graduate faculty credit hours. With many hospitals and clinics lowering prices by using Nurse Practitioners in place of physicians, and Nurse Anesthetists to help the Anesthesiologist, it’s terribly likely that the medical group that you simply currently work for offers tuition reimbursement. If they are doing not, you ought to 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 will not supply tuition reimbursement, you will want to think about moving to a totally different employer. Many employers will provide full tuition reimbursement or perhaps permit 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.
Increasing Your Probability of Receiving a Scholarship
Whether or not you are looking for a needs based scholarship for an undergraduate nursing degree, or are looking out for a hospital financed scholarship supply to finish your graduate degree, there are many things that you’ll be able to do to improve your probabilities of success.
Work in your field. It does not matter if it is paid employment or volunteer work, however working in the field you intend to earn a degree in shows the choice manufacturers that you perceive the work and are less probably to switch majors or drop out.
Watch your grades and your money. Regardless of if you are trying for a want primarily based or tutorial based scholarship, keep your grades high, even in classes that you are doing not think matter, and watch your money. After you receive your scholarship cash be certain to buy the books and study materials that you may need to succeed. If attainable, hold some money back so that you can afford a tutor before exams if you discover yourself struggling.