RN to BSN – Career Benefits and Education Options

The complexities of a changing medical field in technology, advanced information, and facing a growing leadership role among nurses has increased the need for a degree of a Bachelor of Science in Nursing among registered nurses (RN). This higher level of education takes commitment and dedication and in the following article, we will outline how to achieve these goals.Advancing your nursing degree – The difference between RN and BSNBeginning a career in nursing for those who desire an abbreviated education will get an associate’s degree (AD) which usually involves 2-3 years of schooling. A nurse may also follow a diploma program, usually through a hospital, that is also 2-3 years in length before becoming an RN. According to the Bureau of Labor Statistics Sample Survey, 70% of nurses have AD or diploma level degrees. An RN must also pass all required examinations such as the NCLEX-RN (National Council Licensing Examination for Registered Nurses) before practicing with patient contact.For many nurses looking to advance their careers, a BSN is the natural next step. It is a 4 year program that includes research oriented learning, leadership training, and liberal arts. Many of the students that are enrolled in the BSN program are previous RN’s with associate degrees or diplomas. They are now going back to school with all the hardships involved; financially, time inflexibility, family and other outstanding commitments.The differences between an RN and BSN are not necessarily clear to the patient who is being treated with basic care. A nurse treating a patient won’t be asked, “excuse me, are you a RN or a BSN?” Yet the differences lie within. The education gained, the additional technical training, and the potential advancement are not immediately recognized by the patient. A nurse with a BSN can review research papers, advocate for the patient, work with leaders in the hospital or medical facility with confidence and advanced management skills. A nurse with an RN may have all these abilities, yet a BSN enhances them and increases advancement opportunities.Career Opportunities with a BSNRN’s return to school for a number of reasons, yet many are personal in nature: To become leaders in the nursing industry, advancing their careers, or move to the next level and receive a master’s or doctoral degree.Management-level nursing requires an advanced degree such as a BSN. According to the U.S. Department of Labor, Bureau of Labor Statistics, in management, nurses can become anywhere from the assistant head nurse or head nurse, to assistant director, director, and vice president and upwards. Other career opportunities include research, consulting, and teaching. A nurse with a BSN can manage a home health care clinic and ambulatory services, etc. Nurses can also move into the business side of nursing to becoming an manager of an insurance company, pharmaceutical manufacturer, and managed care organization (U.S. Dept. of Labor, 2005).Salary Benefits of advancing a degree from RN to BSNAdvanced nursing degrees create new career opportunities and justify an increased salary. An RN and a BSN will receive the same salary for the same nursing position, but as the BSN moves through the ranks to a higher position, salaries tend to increase. For example, a promotion to a management position of head nurse with a BSN has a higher salary than being the floor nurse with an RN.Education Opportunities and Education CostIn 2004, there were 600 RN to BSN programs in the United States. Many RN’s use the tuition reimbursement from their employer as an incentive to go back for the BSN. There are also accelerated BSN programs for those individuals who already attained bachelor or higher degrees and wish to go into nursing. There are more than 165 of these programs in the United States. These programs are 12 to 18 months in length (U.S. Dept. of Labor, 2005). In choosing the appropriate program, it is necessary to choose whether to work in a classroom setting or study through an online RN to BSN program.The classroom setting has many benefits which include peer contact and live lectures. Sharing experiences with others and learning from other previous like-minded RN’s is a great benefit. The dilemma with classroom education for most nurses is the stringent scheduling and time management needed to attend class and work around an RN’s busy schedule.An online nursing degree course is the other alternative. It is a way for nurses to work while continuing with their education with flexibility around time commitments. The non-clinical portion of the classroom courses are given online and the clinicals are usually arranged at a medical facility near the nurse’s home. There may be timed lectures or the nurses may do lectures at their own time with assignments being sent to the lecturer by fax or mail on designated due dates. Examinations are usually offered online. Many times the online school follows a semester schedule and has a set start and finish date, though this is not true for all schools. To learn more about online RN to BSN programs, refer to your school of choice and learn what that school offers.ConclusionPersonal satisfaction, a qualitative factor that can not be measured or quantified, is what many BSN students say is most important about receiving their advanced degree. Our society is advancing in all areas, with technology and intellectual expertise. The information is available and the prerequisites allow many RN’s to attain an advanced degree; the determining factor is, we must advance as a society and create leaders in all areas of industry. A BSN gives the degree and knowledge and critical leadership skills for an RN to advance in the world of medicine, business, and personal achievement.

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Approved Personal Loans With Bad Credit: Some Options Are Almost Guaranteed

There are lenders that will publicize the fact that loan approvals can be guaranteed given the right circumstances, but there is a catch to the idea. Everything rests on those circumstances, so not just anyone can get the green light. It means that securing approval on personal loans with bad credit cannot be guaranteed.It is somewhat misleading to claim that guaranteed loan approval exists at all, but the reason why it is made is that, in certain circumstances, approval is pretty easy to secure. Even when low credit scores are a part of the equation, applicants can have a realistic chance of securing the funding they need.The secret? Well, it all comes down to your choice of loan application, which lending institution is applied to and the ability to accept the limits that a given financial situation places on a personal loan application. So, knowing what the available options are is important. Here are 3 of them.Loans With A CosignerThe key issue for any lender is not credit scores or even loan sums, but whether or not the borrower will be able to make the repayments. Remember, a loan is an investment for them, and they want a return on it. It is this principal that dictates whether an application for a personal loan with bad credit is a risk for the lender.The solution to this problem is a cosigner, otherwise known as a guarantor. When it comes to securing a modest loan, like $5,000, they are extremely useful. In fact, it is probably as close to securing guaranteed loan approval than a bad credit borrower is every likely to get.But there are conditions. The cosigner usually needs to be a homeowner, have an excellent credit rating and a large enough income to make monthly repayments. Their advantage, after all, is to make the repayments on the personal loan in the event that the borrower is no longer able to.Alternative Installment LoansNormally, we think of installment loans as those that require regular repayments (usually monthly) over a set period of time. But the financial strains the credit industry finds itself under has moved the goalposts a little. Now, it is a flexible solution to those seeking a personal loan with bad credit, with the loan sum paid in cash installments.This is a relatively new product, with loans of just $100 available in equal sums over a period of time – usually up to 12 months. The loan limit is usually at around $1,500, and having a source of income is essential – in fact, it is the key to securing a guaranteed loan approval.There is no need to find a guarantor, so the interest rate charged is going to be a little more, but the structure of this personal loan means the repayment term is more flexible. Once it is ascertained that the loan is affordable, then approval is practically guaranteed.Choosing a Payday LoanThis is a hugely popular option, but in terms of getting good terms on a personal loan with bad credit, it fails to impress. Bad credit borrowers frequently seek out the best bet when it comes to loans, but not always the best terms. Because a payday loan is granted on the back of an imminent paycheck, the chances of a successful application are greater.Guaranteed loan approval is not exactly given however, since usually the loan must be repaid in one payment after just 30 days. And with the interest rate very high (30%), it means a $1,500 personal loan needs $1,950 to be paid off. That is a lot to take from one paycheck, but if it is affordable, then the loan is granted.

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How to Buy a Home Without Bank Financing Using Subject To or Owner Financing Techniques

What is “Subject To”?Subject To refers to a form of financing where the purchaser buys a home “Subject To” all encumbrances (including but not limited to existing mortgages, back taxes, liens, etc.). Most commonly when you purchase a home utilizing the “Subject To” method, you can expect that the existing mortgage will be what you are taking over. So you would be purchasing the home “subject to” the terms of the existing mortgage, leaving it in place.This method is used largely in situations where the home seller is unable to sell their home using conventional means or they need to sell quickly. Because there is no need to obtain new financing, the process can be completed very quickly (in as little as 2-3 days). Obtaining a new mortgage is typically the most time consuming portion of the purchase process. You have to go through the entire approval process, qualifying for the mortgage, providing numerous documents, etc. With “subject to” financing none of this is necessary, in fact there is no need to utilize a new bank at all.Let me outline how this would work in the real world. You must first find a seller that is motivated to sell their home. Keep in mind there are many reasons a seller becomes “motivated”, not all of them are financial. A seller that needs to upsize or downsize can become motivated. Military sellers are prime candidates to become motivated, as often times they are given short notice to relocate. Sellers facing a divorce often become motivated because they just want “out”. Individuals who have received a job offer in another city or state will often become motivated. You get the idea. Be creative and you will soon be able to spot a motivated seller a mile away.After you have identified your motivated seller, you meet with them to explain what the benefits of working with you to sell their home is. You explain it in the most comprehensive format, which is calling it “Owner financing”. There is very little difference between “subject to” and owner financing”. I will explain this shortly. Everyone has some concept and understanding as to what “owner financing” is. This will help open the dialog and offer a level of explanation. Many times sellers are behind on their payments and you can explain by selling the home to you will improve their credit scores and avoid a foreclosure on their record by taking over their payments and paying on time. If they are not behind, then identify what it is that they are trying to accomplish, and explain how selling to you will help them accomplish this goal (fast sale, highest offer, no need to repair etc.).After they agree, you need to sign a contract stating that you are buying the home for a purchase price of at least the payoff amount (most times this is an adequate offer). Remember you are offering them a quick sale. The contract must state that you are buying the home “subject to the existing financing”, and that all parties understand that the mortgage will remain in the sellers’ name.This raises the next most common question I get asked, “If the mortgage is still in the sellers name, how am I the owner?”. I am glad you asked! Much like the title to your car, a deed shows ownership of a specific property. If you sell your car what do you do to transfer ownership? That’s right you sign over the title. Likewise, when a homeowner sells their home, they sign over the deed. The deed and the mortgage are two separate documents. The deed shows ownership, the mortgage indicates who owes the bank money. The bank wants something of value to ensure that they will get the money paid back that the borrower owes. That is why a bank puts a lien on the property (thus the term “subject to” the mortgage). Are you starting to get the idea here? Exciting huh? You can actually buy a home without getting a new loan, paying loan origination fees, or all of the other garbage fees necessary to close on a home with a new lender. So of course you are still subject to fulfill the obligations of the original loan agreement or the bank will have the right to foreclose on the property if payments are not made.I told you earlier there were minor differences between “subject to” and “owner financing, so let’s go over them now. First and foremost a true “owner finance” would not have an existing mortgage. The seller would own the property free and clear. So really it comes down to who you send the payments to. If the seller owns the property free and clear, you are safe to make payments to the seller. If you are buying “subject to” the existing mortgage, you do not ever want to make payments to the seller. You want to send them directly to the bank so that you know that the payment has been made. Why? Because if for some reason you send the payment to the seller and they decide not to make the payment to the bank, then you risk having the bank foreclose on the home through no fault of your own (except not listening to me!). Secondly with “subject to” the payments, interest rate, and terms are already set. With a true “owner finance”, this would all be negotiable (I recommend you start with 0% financing).Next, the closing attorney or escrow agent (title company in some areas), is responsible for carrying out the agreements in your contract. You want to work with a knowledgeable, investor friendly agent to perform these tasks. They will do a title search. This is imperative, as this will disclose any and all mortgages, liens, back taxes, etc. Remember you are taking this home “subject to” all of these things. The purchase agreement (contract) is written exactly like any other purchase agreement. You just need to add the important verbiage that directs the closing agent of your wished (see above).This is an exceptional way to buy a home without obtaining new financing. You do not have to be “qualified” to utilize this method of financing, because the loan has already been issued. All you do is set up automatic payments to go directly to the bank. Everyone is happy. The seller sold their home, you the buyer purchased a home without new financing, and the bank although they are unaware continue to receive their payments and interest (after all that is what they are in business to do). So now that you know an alternate method of purchasing your own personal home or investment properties, there is no need to participate in the so called “credit crunch” Happy buying!

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