Locals entering the nursing profession stand to get a hefty financial boost — if they stay in the area.
Russell Sage College is teaming up with the Albany Med Health System to boost staffing levels at area hospitals in hopes of alleviating an ongoing nursing shortage.
Newly minted nurses who have graduated from Russell Sage College will be offered up to $9,000 in a series of three grants, one awarded after each of their first three years of employment as a nurse. College President Matthew Shaftel says the money can be used for any purpose… “…from expenses associated with the your education to purchasing a car, but ultimately are meant to provide a strong start for our nursing graduates through their early stages of their career. Our nursing graduates can apply for the program after the first year of working at a Capital Region Acute Care Center such as Albany Medical Center, and can continue to apply after the second and third years of service in those facilities, with the grant award growing in each year of service. So after year one, graduates are eligible for $2,000 followed by $3,000 after year two and $4,000 after year three,” Shaftel said…