Thirty Pace University Nursing Students to Get Scholarships With Commitment to Work in NYC Hospitals

Pace University’s Lienhard School of Nursing and the New York City Health and Hospitals Corporation (HHC) today announced a $1.3 million program to provide nursing scholarships for 30 individuals in exchange for a commitment to work at an HHC facility for four years.

FOR IMMEDIATE RELEASE

Contact:
Cara Halstead, Public Information Officer, Pace University
914-773-3312 Office, 914-906-9680 Cell, chalstead@pace.edu
Ana Marengo, NYC HHC, 212-788-3386

Note: The first students accepted are available for interviews.

THIRTY PACE UNIVERSITY NURSING STUDENTS TO GET FREE TUITION IN EXCHANGE FOR FOUR YEAR COMMITMENT TO PRACTICE
IN NEW YORK CITY PUBLIC HOSPITALS

$1.3 million grant from Helene Fuld Health Trust, HSBC Bank USA, N.A., Trustee, will tap professionals who change careers to address critical nursing shortage

Program accelerates growing trend

NEW YORK, NY, May 14, 2007 – Pace University’s Lienhard School of Nursing and the New York City Health and Hospitals Corporation (HHC) today announced a $1.3 million program to provide nursing scholarships for 30 individuals in exchange for a commitment to work at an HHC facility for four years.

The program is designed to quickly move nursing graduates into the profession and serve as a model for addressing the national nursing shortage. It is the city’s first nursing program that will offer a residency program and include a service commitment to the public hospitals.

The program is funded by a $1.3 million grant to Pace from the Helene Fuld Health Trust, HSBC Bank USA, N.A., Trustee, the nation’s largest private funder devoted exclusively to nursing students and nursing education.

Scholarship grants worth $40,000 will be given to men and women who want to change careers, already have a bachelor’s degree, and can earn their undergraduate nursing degree in one year under Pace University’s combined degree program (CDP). The first ten students will begin their residencies this fall.

“The scholarship money can be a life-saver to some of these people, since many of them need to quit their jobs to complete the CDP within a year,” said Harriet R. Feldman, PhD, RN, FAAN, dean of Pace’s Lienhard School. “They generally are not eligible for many federal financial aid programs because they already have baccalaureate degrees.”

A Model that Works in Teaching. The scholarships cover tuition, and then a one-year paid Registered Nurse (RN) residency program with options to focus on critical care, specialty nursing, long term care and geriatrics.

The graduate RNs will conduct their residencies at HHC’s Coler Goldwater Specialty Hospital and Nursing Facility in Manhattan, Harlem Hospital Center in Manhattan, Woodhull Medical and Mental Health Center in Brooklyn, and Jacobi Medical Center in the Bronx. After the initial residency program, the RNs will work at HHC for an additional three years.

“We have seen successful incentive programs that recruit professionals to the teaching profession in exchange for a commitment to our city’s kids. Why not do the same to encourage talented individuals to consider nursing as a career with a promise to serve the 1.3 million patients who rely on the city’s public hospitals and nursing homes?” said Marie L. Ankner, MSN, RN, CNAA, Assistant Vice President of nursing for medical and professional affairs at HHC.

She added: “This effort is a true collaboration between a healthcare system and academia and is a win-win for all since it guarantees the hospitals a pool of employees while it assists students and institutions of higher education. We expect this program to be easily replicated by others who want to have an immediate impact on the nursing shortage.” (The US Bureau of Labor Statistics estimates a national need of 1.2 million new and replacement nurses by the year 2014.)

Trend to similar partnerships. Collaborative programs like this recently have gained momentum nationwide as an answer to the nursing shortage, with more and more partnerships forming to support these students. According to the website of the American Association of Colleges of Nursing, a health care system such as HHC could spend more than $3 million in nurse recruitment costs over a three year period just to recruit the necessary number of qualified healthcare workers. The grant from the Helene Fuld Health Trust saves HHC some of that cost and increases the supply of qualified workers.

In addition to the $1.3 million grant, the Trust also has awarded Pace’s Lienhard School of Nursing a $550,000 endowment, payable over the next three years, to be used for 10 scholarships of $2,500 a year to other students in the school’s CDP. Previous funding from the Helene Fuld Health Trust has benefited Pace students in programs including the Family Nurse Practitioner program.

Applicants for the grants may contact Sophie Kaufman, Administrative Director of the Center for Nursing Research, Clinical Practice and International Affairs at the Lienhard School of Nursing, Pace University, 861 Bedford Road, LH 314, Pleasantville, NY 10570, (914) 773-3336, skaufman@pace.edu.

Partnership members. For more than 100 years Pace University has been preparing students to become leaders in their fields by providing an education that combines exceptional academics with professional experience and the New York advantage. Pace has three campuses, in New York City, Westchester, and White Plains. A private metropolitan university, Pace enrolls nearly 13,500 students in bachelor’s, master’s, and doctoral programs in the Dyson College of Arts and Sciences, Lienhard School of Nursing, Lubin School of Business, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Pace University’s Lienhard School of Nursing (LSN) has been preparing nurses for more than 40 years and was one of the first in the nation to implement a special program for career changers over 30 years ago. With more than 600 students enrolled in baccalaureate and master’s degree programs, all approved by the New York State Education Department and accredited by the Commission on Collegiate Nursing Education, LSN partners with communities to foster human growth and dignity and provide primary care. The School of Nursing is devoted to preparing individuals, families, and communities at local, national, and international levels, to meet health care demands now and in the future. For inquiries about the nursing programs at Pace, please email nursing@pace.edu, or call (914) 773-3552. www.pace.edu

Dating back to a foundation created in 1935 by Dr. Leonhard Felix Fuld and his sister, Florentine, in honor of their mother, Helene, the Helene Fuld Health Trust since 1969 has been overseen and administered by HSBC Bank USA, N.A.

The New York City Health and Hospitals Corporation (HHC), the largest municipal hospital and health care system in the country, is a $4.9 billion public benefit corporation that serves 1.3 million New Yorkers and about 400,000 who are uninsured. HHC provides medical, mental health and substance abuse services through its 11 acute care hospitals, four skilled nursing facilities, six large diagnostic and treatment centers and more than 80 community based health centers. For more information about HHC, visit www.nyc.gov/hhc.