Travel Nurse Housing Stipend

Meals and incidental. 18233577 hands holding a piggy bank and a house model housing industry mortgage plan and residential tax saving strategy.

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You ll also have to pay any deposits application fees and the like.

Travel nurse housing stipend. Housing at your assignment location. For example if a travel nurse is allotted 2500 a month for housing but can secure a residence for 1200 a month he or she can essentially pocket the rest. First you might be wondering why the gsa calls it per diem and others refer to it as a stipend per diem is a latin term that means per day.

The dollar amount varies depending on the location and specific contract and it s paid out on a weekly basis in your. Many first time travel nurses are under the impression that travel stipends are intended to cover the entire cost of traveling to and from a travel nursing job unfortunately this is usually not the case. You ll notice that many times the pay for a travel nursing assignment is listed as a blended rate that hourly rate includes the tax free stipends that travel nurses can receive.

There are many forums and groups across the internet. Other non taxable items can. Travel to and from the assignment.

Travel nurse housing is available in two options. Travel nurse agencies use the term stipend because it more clearly reflects the benefit they are providing a set sum of money given as a housing allowance. Discover travel nursing assignments where you want to travel.

You receive a stipend and make your own housing arrangements. Travel nursing stipends boost your income. The agency provides them with a fixed amount of money to use for all housing expenses.

The downside to a housing stipend is that it can be challenging to find a place willing to sign a three month lease. The most common types of stipends or reimbursements that you will hear about in the travel nursing world are referred to as meals and incidentals incidentals include taxi bus fares parking and tips lodging or housing stipends and travel reimbursements which cover your expenses to and from each assignment. Travel nurse housing options.

We ve used both options depending on the assignment. Your staffing agency arranges housing for you. Per diem with this basic understanding of gsa per diem rates in mind we can discuss how this all applies to travel nursing.

Taking the housing stipend can be advantageous not only for tax purposes but for financial gain as well. Some travel nurses usually more experienced ones will choose to use a stipend to pay for the housing of their choice. Travel nurse housing stipend vs.

If a short term lease is an option it usually comes at a higher cost. A stipend is the better term to use for the travel nurse industry because most assignments last between 8 and 13 weeks rather than a matter of days. Travel nurse contracts can last three months or more.

Travel nurse housing groups.

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