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Nurse Retention and Recruitment through Scholarship and Loan Repayment Programs

Written by LeAnn Thieman, CSP, August 1st, 2013

The Department of Health and Human Services has made significant investments in building the nursing workforce through scholarship and loan repayment programs. The National Health Service Corps (www.nhsc.hrsa.gov), which offers scholarship and loan repayment in return for practice in underserved areas, has grown from 3,600 in 2008 to nearly 10,000 in 2012 and includes more than 1,600 nurses.

The Nurse Corps Loan Repayment Program (www.hrsa.gov/loanscholarships/repayment/nursing), which includes approximately 3,000 RNs and APRNs, helped repay the loans of more than 700 nurses in fiscal year 2012. The group included 506 nurses at critical shortage facilities and 214 nurse faculty at accredited eligible schools of nursing; 86% percent of the awards were made to nurses working in areas of the country where their services are most needed.

With millions more people getting more and better healthcare, many more nurses are needed. To learn strategies for nurse retention, nurse recruitment, bringing self care to your facility and how to increase work life balance for nurses and healthcare professionals, go to SelfCare for HealthCare. CONTACT ME DIRECTLY to talk about customizing this powerful program for your employees.

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