Many students and professionals seek positions that help them pay for their educational expenses. There are several types of positions that typically provide tuition assistance and loan repayment options for students who are pursuing a master's degree in a related field. Learning about the jobs that may pay for a master's degree can help students decide which career path to choose and which degree to pursue. In this article, we discuss 12 jobs that may pay for your master's degree, including a description of each position and the assistance you may receive.
12 jobs that pay for a master's degree
If you're looking for an employer or job that pays for your master's degree, consider the following careers that might offer you tuition reimbursement or other types of funding:
1. Nurse
Nurses assist doctors in caring for patients within medical facilities. In order to become a nurse, you can pursue a Bachelor of Science in nursing and complete an examination that grants you a certification in your chosen specialty. Nurses who pursue a master's in nursing may learn advanced care techniques, earn additional certifications and prepare for career advancement after graduation.
There are several programs that offer tuition reimbursement for a master's in nursing, including the Nurse Corps Loan Repayment Program. This program may pay for a majority of a nurse's tuition and other educational expenses. Students enrolled in the Nurse Corps Loan Repayment program typically commit to working as a nurse for a few years after graduating.
Read more: Types of Master's Degrees in Nursing2. Health care administrator
Health care administrators manage and lead teams of health care professionals within medical facilities. In order to become a health care administrator, you may earn a related degree, such as a master's in health care administration. These programs educate students on management techniques and provide extensive health care knowledge.
Programs such as the State Loan Repayment Program (SLRP) may allow health care administrators to pay loans they used to fund their master's degrees if they work in a health care provider shortage area, which is a region in need of more health care professionals. You can check your state's program for loan repayment to learn the requirements for enrollment.
3. Medical technician
Medical technicians assist health care teams in diagnosing patients by conducting tests within a laboratory setting. In order to become a medical technician, you can earn a bachelor's or master's degree in a related subject. These degree programs provide students with the knowledge they need to succeed as medical technicians after graduating.
In addition to supporting health care administrators, the SLRP provides medical technicians with financial assistance. This allows them to repay the loans they took out to pay for their education. Similar to health care administrators, medical technicians must also work in a health care provider shortage area after graduation in order to be eligible for this loan repayment program.
4. Teacher
Teachers educate students of all ages in every subject area, preparing them for their own future professional careers and lives. In many states, aspiring teachers need to complete an accredited teaching program that provides a teaching certificate. These programs provide teachers with in-depth knowledge in specific subject areas and general knowledge related to classroom management, student safety and teaching skills.
Many programs can help students pursuing a career in teaching pay for their education. For example, the Teacher Education Assistance for College and Higher Education (TEACH) Grant helps students who plan to teach specific subjects, such as special education, foreign languages, science and math. To be eligible to receive this grant, students must also maintain a specific GPA.
5. Teaching assistant
Teaching assistants help educate students and support teachers in and out of the classroom. Since universities often provide a stipend or other funding to teaching assistants, many students work as teaching assistants while pursuing a degree in order to help fund their education. For example, while pursuing a master's degree in biology, you might work as a teaching assistant in a biology classroom, gaining related knowledge while acquiring funding for your master's degree.
Related: Highest-Paying Master's Degrees. Social worker
Social workers help people resolve issues happening in their lives, such as helping children and parents overcome obstacles in times of crisis. In order to become a certified social worker, students may need to complete a master's degree in social work from an accredited institution. These degree programs offer students the opportunity to practice crisis intervention techniques, explore mental health conditions and learn counseling strategies. The SLRP often supports students who are pursuing a social work degree, assisting them with student loan repayment if they work in a health care provider shortage area.
7. Nonprofit employee
Nonprofit employees' duties may involve management, web design, IT and administrative work. If you work for a nonprofit organization after graduating from a master's program, you may be eligible for loan repayment assistance. For example, the Public Service Loan Forgiveness program may provide graduates with assistance after they've paid a portion of their loans.
Related: 100 Best IT Master's Degrees8. Engineer
There are many types of engineers, such as structural, civil and biomedical. Engineers design, analyze and implement complex systems in a variety of industries. Master's degrees in engineering provide students with advanced knowledge in mathematics, technology and science. Some companies provide tuition assistance for current employees to support them as they pursue a master's degree in engineering.
9. Banker
Bankers help facilitate monetary transactions, manage client portfolios and assist account holders with deposits and withdrawals. They may pursue a master's degree in business, finance or accounting to develop their knowledge and skills in areas related to banking. Some banking organizations provide tuition assistance for their employees to pursue such a degree. If you currently work for a bank, consider asking your employer about the tuition assistance your organization provides.
Related: Master's in Accounting Salary and Jobs10. Store manager
Store managers lead teams of customer service representatives, sales professionals and cashiers at retail stores. Store managers may pursue a master's degree in business administration, finance, accounting or management to further develop their leadership and business skill sets. Some companies help store managers pay for master's degrees by providing full or partial tuition assistance as long as they remain an employee of the organization.
11. Mail carrier
Mail carriers deliver packages and mail to homes and offices. There are several degrees that mail carriers may pursue to develop their skills and help them advance their careers. Some organizations may provide tuition assistance to mail carriers who are pursuing a relevant master's degree.
12. Pharmacist
Pharmacists organize and prepare prescription medications, then dispense them to pharmacy customers. Pharmacists have extensive knowledge of each medication's uses, potency and side effects. They typically need to complete a pharmacist certification in their chosen specialty before beginning their career. To become certified, you may need to complete a pharmacology master's program. Many pharmacies or pharmaceutical companies provide pharmacology students with financial assistance if they agree to work for a specific organization upon graduation.
Please note that none of the companies mentioned in this article are affiliated with Indeed.
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