Registered Nurse Loan Forgiveness - Sioux Falls

Sanford Medical Center located in Sioux Falls, SD, makes available a financial resource to assist students with the expenses associated with completion of their nursing degree. In return for the financial resource, the student has the opportunity to become employed as a Registered Nurse in a full-time status at the Sioux Falls Sanford Medical Center for a period of time as defined in this description.


ELIGIBILITY

  • Must be enrolled full-time in an accredited College of Nursing (BSN / BAN)
  • Student must be at least in their 1st semester of the Nursing Program
  • 3.0 cumulative grade point average or above is required
  • Full-time enrollment must be continuous until graduation


PROGRAM DESCRIPTION

  • Award of either $15,000 for a 2 year commitment or $25,000 for a 3 year commitment.
  • Recipients agree to work for Sanford Medical Center as a Registered Nurse in the inpatient setting, for a period of 2 or 3 years in a full-time status, in an approved nursing department (departments listed below) after successful graduation.
  • Must successfully graduate from a College of Nursing and pass the Nursing Certification Licensing Exam (NCLEX)
  • Recipients are not eligible for any other Sanford Health Hiring Bonus being offered at the time of employment.
  • Forgiveness will begin upon starting in a full-time RN Inpatient position in one of the eligible departments.
  • Failure to comply with any of the requirements of this program will result in repayment of the loan with interest.


ELIGIBLE NURSING DEPARTMENTS

  • 1000-Pulmonary
  • 2000-Surgical Trauma
  • 3000-Cardiology
  • 4100-Surgical Renal
  • 4300-Inpatient Rehab
  • 5000-Ortho/Neuro
  • 6000-Medical Oncology
  • Ava's Hospice House
  • Birthplace
  • Central Resource Pool
  • Critical Care
  • Emergency Department
  • NICU
  • Pediatrics
  • PICU
  • Surgery / OR
  • Wound Healing Center 


FUNDING

Sanford Health Sioux Falls provides this financial resource directly to the students selected through the application process. Interest will start accruing and any and all taxes associated with this financial resource become due when student begins employment as a full-time RN. This is in accordance with the Internal Revenue Services’ guidelines.


QUESTIONS

Any questions should be directed to the Nurse Recruitment Team at nursingcareers@sanfordhealth.org.

 
 
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Include: house number, street, town/city, state & zip code

 

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Funds will not be distributed until proof of enrollment has been shared with Sanford.

 
 
 
 
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  1. Your current resume
  2. Two letters of recommendation
  3. One from an employer or healthcare leader
  4. One from an academic advisor stating current status in nursing program
  5. Current Transcript (official or unofficial)
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