$8M annual investment bolsters veterinarians' career growth, well-being

New benefit offerings from a network of veterinary practices include efforts to help veterinarians pay off student debt.

A veterinary professional carrying a cat.
Photo courtesy Banfield Pet Hospital

Banfield Pet Hospital has announced an $8 million annual investment to support veterinarians' career growth and well-being. This includes nearly doubling its student debt relief program, which has already contributed over $31 million since 2018. Full-time doctors can now receive up to $450 per month toward loan repayment, potentially reducing repayment time by six to seven years.

The hospital is also increasing continuing education funding by up to three times for both full-time and part-time veterinarians. Under the updated program, doctors can receive up to $4,000 annually for professional development, including industry conferences, clinical training, and membership dues.

Banfield also provides all veterinarians with state veterinary medical association memberships, which offer discounted or free continuing education opportunities, and access to a development resource library. These initiatives reflect a broader effort to address financial burdens and promote career sustainability in veterinary medicine. Additional benefits are planned for 2025 based on associate feedback.

For more information, visit the Banfield website.

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