woot!
i was an RA for two years for a freshman res hall, and now work in an art "program house" - students of all years.
it's amazing!! of course the financial break is a plus, but the experiences and connections and people and everything is SO WORTH IT. i guess you can brag about it on apps --- i don't really get asked about it much (except for one interviewer)... but even w/o the bragging rights, you'll definitely be glad you did it. 😛