Find your perfect value college
An employer tuition reimbursement program is one benefit nursing students may be able to get from their employers. So you are a Registered Nurse and you want to get your online RN to BSN degree, but you are not sure if you can afford to pursue your degree just yet, or you are already having trouble paying for it.
Perhaps you’ve been working in the field for a while but are still paying off debt from obtaining your RN or maybe you are just getting started and want to get a jump on your career as early as possible. Considering a recent study¹ by the Institute of Medicine states that 80% of Registered Nurses are to receive a Bachelor of Science by the end of the decade, you would not be doing yourself a disservice by furthering your education and staying competitive in a competitive field.
While many students do depend on federal financial aid to help pay for college, this aid is typically a repayment plan such as a loan. Additionally, some students apply for grants and scholarships, which don’t have to be repaid but are time-consuming to apply for and often quite competitive. But one great benefit for nursing students is the option to oftentimes receive some sort of assistance from their employers to help pay for college. These types of funds are excluded from income and are tax-free up to the amount of $5,250!
What Ways Can My Employer Help Pay for Education?
For these reasons, and since paying for multiple licenses and degrees can be costly, many RNs are seeking out employers who will help them pay for their online RN to BSN degrees. There are two main ways that employers will typically help their employees pay for their online RN to BSN degrees. They are through Tuition Reimbursement or through Career Ladder Programs. Tuition Reimbursement is just what it sounds like when an employer reimburses an employee in part or in full for their college tuition costs. Career Ladder² Programs allow employees to receive a scholarship towards their schooling with the promise of a promotion or job at the institution when they graduate. Both avenues are great ways for online RN to BSN students to get help with paying for school, especially since courses can be taken flexibly online while they continue to work full or part-time.
How Do You Find Out if Your Your Employer Has a Tuition Reimbursement Program?
If you’re already employed, your first step is to talk with your practice and see if they offer any benefits. If not and you know for sure you plan to pursue your online RN to BSN, go ahead and start seeking employment where you can participate in a Career Ladder or Tuition Reimbursement program. You’ll want to do your due diligence when seeking employment since these programs often come with lengthy contracts that require a commitment on your end to stay with the company from anywhere between one to five years while in school and/or after obtaining your degree.
Balancing the work-college lifestyle can be tricky. But if you’re earning your RN to BSN online you’ll have flexibility in learning and time to balance both your academics and your career, and perhaps the added benefit of receiving some additional funds will also relieve some stress!
Aya Andrews is a passionate educator and mother of two, with a diverse background that has shaped her approach to teaching and learning. Born in Metro Manila, she now calls San Diego home and is proud to be a Filipino-American. Aya earned her Masters degree in Education from San Diego State University, where she focused on developing innovative teaching methods to engage and inspire students.
Prior to her work in education, Aya spent several years as a continuing education consultant for KPMG, where she honed her skills in project management and client relations. She brings this same level of professionalism and expertise to her work as an educator, where she is committed to helping each of her students achieve their full potential.
In addition to her work as an educator, Aya is a devoted mother who is passionate about creating a nurturing and supportive home environment for her children. She is an active member of her community, volunteering her time and resources to support local schools and organizations. Aya is also an avid traveler, and loves to explore new cultures and cuisines with her family.
With a deep commitment to education and a passion for helping others succeed, Aya is a true inspiration to those around her. Her dedication to her craft, her community, and her family is a testament to her unwavering commitment to excellence in all aspects of her life.