Reinvesting in Nursing Education & Workforce (ReNEW Fund)
Student Information:
About the Fund
°Õ³ó±ðÌýReNEW Fund, established through a partnership between ±¬ÁϹ«Éç and Social Finance, offers financial support to students in the final four core nursing terms of the Prelicensure Nursing BSN.ÌýIt comprehensively covers educational costs (including travel to labs, clinicals, and other program-related expenses), ensuring that the journey to becoming a nurse is both affordable and achievable.ÌýThis outcomes-based loan option has no origination fees, a zero percent interest rate, and a deferment option if your annual individual income falls below $60,000.
In an effort to mitigate the high turnover rates and staffing shortages in healthcare, the ReNEW Fund is a strategic investment in the future of nursing. It provides crucial support to historically underserved students, covering training costs that include in-person simulation labs and clinical placements, supporting a new generation of skilled nurses ready to serve and excel in the healthcare industry.
ReNEW Fund - Loan Program Benefits
The ReNEW Fund is a zero-fee, zero-interest outcomes-based loan.ÌýÌý
Loan features:
- Minimum income threshold: $60,000 (annual individual income)
- Zero origination fees, zero interest
- Max loan: $20,000 per year; $40,000 aggregate total
- 5, 7, or 10-year repayment
Official terms and conditions can be found in the student terms sheet.ÌýCounselors will review these terms with each student interested in the ReNEW Fund.
How does the ReNEW Fund Compare with the
Standard Federal Student Loan?
6.533% fixed*
*varies, but there will always be fees and interest
Loan: $40,000
Years: 10
Interest: 6.533%
Payment: $455
Loan: $40,000
Years: 10
Interest: 0%
Payment: $333 (assuming income exceeding $60,000 per year)
6.533% fixed*
*varies, but there will always be fees and interest
Loan: $40,000
Years: 10
Interest: 6.533%
Payment: $455
Loan: $40,000
Years: 10
Interest: 0%
Payment: $333 (assuming income exceeding $60,000 per year)
**Please note that federal student loan forgiveness might be available to eligible students.
Are You Eligible?
Eligibility Requirements:
- Active student in the core nursing terms (last 4 terms) of the prelicensure nursing program
- Aged 18 or older
- Authorized to work in the United States
- Have at least 2 remaining terms of an Eligible Program to complete
- Low to moderate household income (talk with your financial aid counselor about specific income requirements)
- ²Ñ±ð±ð³ÙÌý
- Resident of the United States or DACA status
- Meet with a ±¬ÁϹ«Éç Financial Aid Counselor
We're Here to Help You Take the Next Step!
±¬ÁϹ«Éç Leavitt School of Health
Why choose ±¬ÁϹ«Éç for your nursing education?
- Respected education. ±¬ÁϹ«Éç is the largest nursing training provider in the U.S. Over the last five years, ±¬ÁϹ«Éç has had a first-time NCLEX-RN average pass rate over 90%, far higher than the national average.
- Designed for working adults.Ìý±¬ÁϹ«Éç’s flexible, hybrid program enables students to earn a BSN degree on their own schedule.
- 100% online.ÌýComplete your degree on your time from home.
Accredited, Respected,
¸é±ð³¦´Ç²µ²Ô¾±³ú±ð»åâ„¢
One important measure of a degree’s value is the reputation of the university where it was earned. When employers, industry leaders, and academic experts hold your alma mater in high esteem, you reap the benefits of that respect. ±¬ÁϹ«Éç is a pioneer in reinventing higher education for the 21st century, and our quality has been recognized.
BACHELOR'S DEGREES
Educational Studies – B.A.Ìý(Does Not Lead to a Teaching License)
_____
MASTER'S DEGREES
English Language Learning (ESL/ELL)
Educational Leadership – M.S.
Curriculum and Instruction – M.S.
Education Technology & Instructional Design – M.Ed.
_____
ENDORSEMENTS
BACHELOR'S DEGREES
Cloud and Network Engineering – B.S.
Cybersecurity and Information Assurance – B.S.
Information Technology – B.S.
Health Information ManagementÌý– B.S.Ìý(from the Leavitt School of Health)
Information Technology ManagementÌý– B.S. Business AdministrationÌý(from the School of Business)
User Experience Design – B.S.Ìý(from the School of Business)
____
MASTER'S DEGREES
Cybersecurity and Information Assurance – M.S.
Information Technology Management – M.S.
MBA Information Technology ManagementÌý(from the School of Business)
____
CERTIFICATES
ServiceNow Application Developer
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ACCELERATED
BACHELOR'S DEGREES
Healthcare Administration – B.S.
Human Resource Management – B.S.
Information Technology Management – B.S.
Supply Chain and Operations Management – B.S.
User Experience Design – B.S.
Accelerated Information Technology Bachelor's and Master's DegreeÌý(from the School of Technology)
Health Information ManagementÌý– B.S.Ìý(from the Leavitt School of Health)
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MASTER'S DEGREES
Human Resource Management – M.S.
Management and Leadership – M.S.
Master of Business Administration
MBA Information Technology Management
MBA HealthcareÌýAdministration
Master of Healthcare AdministrationÌý(from the Leavitt School of Health)
Data AnalyticsÌý– M.S.Ìý(from the School of Technology)
_____
CERTIFICATES
Digital Marketing Fundamentals
BACHELOR'S DEGREES
NursingÌý(RN to BSN online) – B.S.
Nursing (Prelicensure) – B.S. (Available in select states)
Health Information Management – B.S.
Health and Human Services – B.S.
Healthcare Administration – B.S.Ìý(from the School of Business)
____
MASTER'S DEGREES
Nursing – EducationÌý(BSN to MSN) – M.S.
Nursing – Leadership and Management (BSN to MSN) – M.S.
Nursing – Nursing Informatics (BSN to MSN) – M.S.
Nursing – Family Nurse Practitioner (BSN to MSN) – M.S.Ìý(Available in select states)
Nursing – Psychiatric Mental Health Nurse Practitioner (BSN to MSN) – M.S.Ìý(Available in select states)
Nursing – Education (RN to MSN Option) – M.S.
Nursing – Leadership and Management (RN to MSN Option) – M.S.
Nursing – Nursing Informatics (RN to MSN Option) – M.S.
Master of Healthcare Administration
MBA Healthcare AdministrationÌý(from the School of Business)
____
CERTIFICATES
Nursing – Education, Post-Master's Certificate
Nursing – Leadership and Management, Post-Master's Certificate
Family Nurse Practitioner— Post-Master's Certificate
Psychiatric Mental Health Nurse Practitioner— Post-Master's Certificate
