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Do Hospitals Help Pay for Nursing School?

Some hospitals have programs that will help you pay for nursing school. There are also other options, such as federal aid and the Nurse Corps program, that you may want to consider as well.

For years, nursing has been one of the most in-demand career fields, and that trend doesn’t appear to be changing in the near future.

  • Tuition Reimbursement
  • Work-Study Programs
  • Nursing Scholarships
  • Nursing Grants
  • Private Nursing School Loans
  • Federal Aid for Nursing School
  • Nurse Corps Payment Assistance Programs

How Hospitals Will Pay for Nursing School

According to the Bureau of Labor Statistics, the healthcare career field has the highest projected occupational growth for the next decade.

Tuition Reimbursement

The most common payment method is tuition reimbursement. This doesn’t mean that each nursing student can attend school for free. To qualify for tuition reimbursement, you will most likely need to be a current employee of a hospital for at least six months.

Work-Study Programs

Hospitals might also allow nursing school students to work in a clerical or cleaning position to help pay for their education.

Nursing Scholarships

Scholarships are another option to help pay for nursing school. Similar to tuition reimbursement, hospitals and other medical providers might provide nursing scholarships to students based on factors like financial need, gender, race, or academic merit.

Nursing Grants

Hospitals will also issue grants to students with large financial needs. Grants are very similar to scholarships, but they normally don’t require a work commitment after graduating from nursing school. This form of financial aid might also be the least common provided by private sources.

Private Nursing School Loans

While federal student loans are also available to pay for nursing school, students might need private loans to fill the funding gap.

Federal Aid for Nursing School

As nursing is a high-demand career field, federal aid is also available to help students afford nursing school. To be considered for federal aid, students must first apply for the FAFSA.

Enroll in the Nurse Corps

One final way to receive federal aid is to enroll in the Nurse Corps. This organization has both a scholarship and a loan repayment program.

Nurse Corps Scholarships Program

Similar to AmeriCorps, nursing students enrolled in the scholarship program will receive tuition assistance and a monthly stipend of $1,383 by agreeing to work in a Critical Shortage Facility — at an underserved area within the United States — upon graduation.

Nurse Corps Loan Repayment Program

If you are currently a registered nurse, the Nurse Corps Loan Repayment Program may help you repay your debt in exchange for working in a Critical Shortage Facility.

With the help of LendEDU’s blog, tools, and resources, our goal is to assist you in making educated financial decisions. LendEDU: Educated Financial Decisions.