Rasmussen University Launches Professional Achievement Grant for Saber Healthcare Group Employees

Rhea-AI Summary

Rasmussen University has launched the Professional Achievement Grant for Saber Healthcare Group employees, providing up to 100% tuition assistance on advanced nursing degrees. This initiative, combined with Saber's tuition reimbursement program, helps qualified employees pursue RN to BSN and MSN degrees at no out-of-pocket cost. Additionally, a 20% corporate grant is available for other programs. The grant aims to address the workforce's evolving needs, enhance patient care, and support Saber's talent retention. Eligibility requires six months of full-time employment at Saber in a leadership role.

Positive

• Launch of Professional Achievement Grant providing up to 100% tuition assistance for Saber Healthcare Group employees.
• Grant covers advanced nursing degrees (RN to BSN and MSN) at Rasmussen University.
• Additional 20% corporate grant for other programs not covered by the Professional Achievement Grant.
• Supports over 17,000 Saber employees in educational advancement with minimal to no out-of-pocket cost.
• Helps Saber Healthcare Group with talent retention and recruitment, addressing the need for bachelor's and master's prepared nurses.

Negative

• Eligibility to full-time Saber employees with at least six months of employment.
• Grant conditions subject to employer policies and various terms and conditions.
• Federal, local, and state taxes may apply, which could affect overall financial benefits.

Between the grant and Saber Healthcare Group's tuition reimbursement program, qualified employees are now eligible for up to 100% tuition assistance on advanced post-licensure nursing degrees at Rasmussen

MINNEAPOLIS, May 16, 2024 /PRNewswire/ -- Rasmussen University today announced the launch of a Professional Achievement Grant for Saber Healthcare Group affiliated communities' employees who are interested in advancing their nursing education and skills. Between the new grant and Saber Healthcare Group's tuition reimbursement program, qualified Saber employees are now eligible for up to 100 percent tuition assistance on Rasmussen's online Registered Nurse to Bachelor of Science in Nursing (RN to BSN) and Master of Science in Nursing (MSN) degree programs¹.

Qualified Saber employees interested in campus-based programs or other online programs not covered by the Professional Achievement Grant may also be eligible for up to a 20% corporate grant².

"At Rasmussen, we're committed to addressing the evolving needs of our healthcare workforce by offering access to high-quality, cost-effective programs designed to help healthcare professionals obtain the skills and knowledge needed to advance their careers and ultimately enhance patient care," said Paula Singer, president, and chief academic officer at Rasmussen University. "We're excited to extend our Professional Achievement Grant to Saber Healthcare Group's more than 17,000 employees—providing them the opportunity to start or continue their education with the possibility of no out-of-pocket costs as well as help Saber retain talent and fill a need for bachelor's and master's prepared nurses."

Rasmussen University is a national leader in nursing education. Along with its post-licensure RN to BSN and MSN programs, Rasmussen offers a Doctor of Nursing Practice (DNP). Residentially, the University offers a full pre-licensure nursing ladder across its more than 20 campuses in six states, including a Practical Nursing Diploma (LPN), Professional Nursing Associate's degree (ADN) and BSN.

"Saber Healthcare Group is committed to supporting affiliated employees in their educational endeavors," said Sarah Whitesel, Director of Student Success Programs at Saber Healthcare Group. "We are excited to partner with Rasmussen University to offer this opportunity to our nursing leadership so they can continue in their pursuit of lifelong learning. We believe the Professional Achievement Grant will help to recruit and retain the best nursing leadership which ultimately benefit the residents in our affiliated Saber communities."

Rasmussen University also offers more than 50 career-focused online programs with access to resources and support on campus. Online programs are offered across eight areas of study, including health sciences, business, and technology.

To qualify for the new Professional Achievement Grant, students must be a full-time employee of the Saber Healthcare Group affiliated communities' with at least six months of employment with Saber and in good standing. Employees must also be in an improved leadership role and an RN to qualify for the grant.

For more information about the Professional Achievement Grant now available for Saber Healthcare Group employees visit https://corporate.rasmussen.edu/saber/.  

¹Terms and conditions apply. 100% coverage is subject to employer policies and the student meeting all terms and conditions of the Rasmussen University Professional Achievement Grant. Program availability varies by state and campus. Federal, local and state taxes may apply.

²Students with applicable tuition rates at or lower than $248 per credit for full-time rates and $321 per credit for part-time rates are not eligible for any grants or scholarships offered by the University. Students enrolling in the Master of Science in Nursing degree program on or after January 2, 2023, may be eligible for institutional grants regardless of program or course tuition rate provided they meet all other applicable terms and conditions for the grants. In order to qualify for the grant, all admission requirements must be completed, and enrolling students must provide proof of eligibility by submitting proof of employment. Students cannot receive both corporate and military grants. For additional details visit: Rasmussen.edu/tuition. The Post-Graduate Nursing Certificates are not eligible for the Corporate Grant. 

ABOUT RASMUSSEN UNIVERSITY:
Rasmussen University, a university accredited by the Higher Learning Commission, an institutional accreditation agency recognized by the U.S. Department of Education (www.hlcommission.org), is dedicated to changing lives and the communities it serves through innovative educational programs. As a pioneer in career-focused education since 1900, the University is defining a new generation of higher education that focuses on competency-based education, technology and transferable skills. Rasmussen offers undergraduate and graduate programs online and in person at 22 campuses around the country. The University is designed to lift and support its students every step of the way, from each student's first credential to their last. Rasmussen is dedicated to global enrichment, serving the underserved and meeting the evolving needs of diverse students, communities and economies. Rasmussen encourages its students, faculty and staff to strive for academic excellence, community enrichment and service to the public good. Rasmussen is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information about Rasmussen University, please visit www.rasmussen.edu.

ABOUT AMERICAN PUBLIC EDUCATION, INC.:
American Public Education, Inc. (Nasdaq: APEI), through its institutions American Public University System (APUS), Rasmussen University, Hondros College of Nursing and Graduate School USA (GSUSA) provides education that transforms lives, advances careers, and improves communities.

Contact: Molly Andersen
Mobile: 903.920.4366
Email: molly.andersen@rasmussen.edu 

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SOURCE Rasmussen University

FAQ

What is the Professional Achievement Grant by Rasmussen University?

The Professional Achievement Grant is a program launched by Rasmussen University offering up to 100% tuition assistance for Saber Healthcare Group employees pursuing advanced nursing degrees.

Which employees are eligible for the Professional Achievement Grant?

Full-time employees of Saber Healthcare Group with at least six months of employment and in good standing are eligible for the grant.

What degrees are covered under the Professional Achievement Grant?

The grant covers Rasmussen University's online Registered Nurse to Bachelor of Science in Nursing (RN to BSN) and Master of Science in Nursing (MSN) degree programs.

How much tuition assistance does the Professional Achievement Grant provide?

The grant provides up to 100% tuition assistance for eligible Saber Healthcare Group employees.

Are there any additional grants available for Saber employees?

Yes, a 20% corporate grant is available for Saber employees interested in other campus-based or online programs not covered by the Professional Achievement Grant.

What is the purpose of the Professional Achievement Grant?

The grant aims to help Saber Healthcare Group employees advance their nursing education, improve patient care, and support talent retention and recruitment.

Does the Professional Achievement Grant apply to any other programs?

The grant specifically covers RN to BSN and MSN programs, while a 20% corporate grant may apply to other campus-based or online programs.