Do Hospitals Pay Student Loan?

Do Hospitals Pay Student Loan? As a result of the expensiveness of medical schools and the high demand for the medical profession, most graduates leave with huge loan debt to eliminate. As of 2021, the average debt of medical school graduates spanned over $203,062 according to the Association of American Medical Colleges rankings with 73% of medical school grads indebted.

Do Hospitals Pay Student Loan

Consequently, the majority enter the health industry with an eye out for the ways they could alleviate the loan debts they’ve accrued from their education over the years. But what if you could get your hospital or health care employers to pay it off? Is it negotiable at all?

Certainly, hospital employers can pay off the loan debts of their workers. While the medical profession is well paid, it’s not uncommon for certain healthcare employers to provide loan forgiveness programs that’ll cover a portion of the employee’s student loan debt. Moreover, this can also be negotiated in the contract one has with the hospital as part of one’s financial benefits and perks. We’ll be diving into deeper details on this page.

Do Hospitals Pay Student Loan?

As a job-seeking physician, doctor or nurse, there’ll be many factors to consider as regards the hospital you want to work with. Of course, there are the more basic factors such as environment, time off, working hours, and salary.

However, among the more uncommon factors is a student loan repayment offer. Some healthcare and hospital employers may consider it in the contract while a majority won’t as it’s not an industry standard. 

On this page, we’ll be taking a look at the hospitals you should look out for if you want your student loan debts taken care of, how you can get your healthcare employer to pay off your loan, and lots more. 

Why Do Hospitals Pay Student Loans?

As noted, some hospitals readily provide loan forgiveness programs for workers, but this is usually based on certain factors considered by the hospital. These factors are enlisted below.

1. Shortage Of Workers

One of the factors that’ll play a huge part in the medical role you studied for. This is because healthcare employers are likely to offer loan forgiveness or enroll their workers in one for the positions that are highly short of numbers like Registered Nurses and Physicians.

2. Valuableness Of The Employee

Two factors will play to the advantage of a worker becoming so valuable that one’s considered for a loan repayment program. The first is if the role one is vying for is low on numbers and the other is if the employee is highly-sought after himself due to one’s indispensability.

Either way, this will encourage a hospital to offer a student loan repayment program in their contract.

3. Location Of The Hospital

Research has also shown that the majority of healthcare employers who would offer it are mostly cited in not-so-desirable organizations. This is no surprise as most healthcare professionals in such locations will be rarely considered by most job-seeking physicians.

In any case, when choosing the hospital to work for, weigh your options very well and put the above factors into consideration especially if it comes down to negotiating a loan forgiveness offer as part of the agreement. 

Students Loan Debt Forgiveness For Doctors and Nurses:

With the high value and demand placed on the education of professionals in the health sector, the average doctor enters the healthcare industry as a resident with a loan debt of over $220,000. The nurses have it easier with a loan debt averaging $37,000.

While their salary is still very lucrative, most still struggle to pay their debts off easily. Hence, one should look out for hospitals that offer employee loan forgiveness programs. 

Hospitals That Pay Off Student Loans:

The hospitals may offer the loan forgiveness program in various ways. 

Anyways, here’s a list of some of the hospitals that offer student loan forgiveness programs for workers. 

Penn State Hershey Medical Center

• Roger Williams Medical Center

• MUSC Health – University Medical Center

• Christus St. Vincent Health System.

• NewYork-Presbyterian Hudson Valley 

• CHI St. Alexius Health

• The Cleveland Clinic

• Central Vermont Medical Center

• Seattle Children’s  Hospital

• Avera Hospitals and Health Centers

• Menninger Clinic

• Texas Health Resources

• Valley Baptist Health System

• University of Utah Health Care

• Alaska Native Medical Center

• Brookwood Baptist Health

• Citrus Valley Health Partners

• Encompass Health

• Yale-New Haven Hospital

• Bayhealth Hospitals

• Howard University Hospital

• MedStar Georgetown University Hospital

• North Florida Regional Medical Center

• Tallahassee Memorial Healthcare

• Archbold Medical Group

• St. Luke’s Boise Medical Center

• OSF Healthcare System

• Baptist Health, Kentucky

• East Jefferson General Hospital

• Ochsner Hospital Network

• CalvertHealth Medicine

• Greater Baltimore Medical Center

• Brigham and Women’s Hospital

• Massachusetts General Hospital

• Sparrow Health System

• Spectrum Health Pennock

• Cheyenne Regional Medical Center

• Jackson Hospital, Alabama

• Russell Medical Center

• Northern Arizona Healthcare

• Mount Graham Medical Center

• Yavapai Regional Medical Center

• Honor Health Hospital System

• White River Health System

• the University of Colorado Hospital (UCH

• Park Nicollet Health Services

• Saint Francis Medical Center

• Billings Clinic

• Valley Health System

• Jefferson Health 

Tips To Getting Your Hospital Employer To Pay Your Student Loans:

If you’re seeking to get a job with a hospital with a loan repayment offer, or you’ve been refused one by your hospital, here are some tips.

1. Research The Location Of The Hospital

If you’re ok with working in a not-so-glamorous location, then you can certainly get a loan repayment offer from a hospital as the likelihood of getting such is higher with such hospitals.

2. Seek Hospitals That Are In More Need Of Your Particular Field

One can get it if the hospital one is seeking to work in is desperately in need of workers.

3. Ensure You Meet The Eligibility Criteria

This may sound like a statement of the obvious, but knowing the eligibility criteria will put you in a greater position and give you the confidence to go ahead and negotiate a student loan forgiveness offered in your contract.

In most cases, the eligibility criteria are posted on the hospital or healthcare center’s website for you to apply.


The medical profession education is highly expensive, thereby leading to many graduating with huge loan debts. As a result, many hospitals include a student loan debt forgiveness offer for their workers in their contracts. Many factors are considered by these employers, which range from shortage of workers, valuableness of the worker, and so on. So if you’re looking for one to alleviate your debt you can use the information above to solve this.

  • Do Nurses Qualify For Loan Forgiveness Program?

With states offering many loan forgiveness programs for nurses, one may qualify for it if one is working in areas of high need. 

  • How Can One Get A Student Loan Forgiveness In Georgia?

All you need is to be licensed for the Advanced Practice Registered Nurses to be qualified for one in Georgia.