State of Maryland and Social Finance Announce Maryland Pay It Forward Fund to Strengthen Maryland’s Nursing Workforce
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State of Maryland and Social Finance announce Maryland Pay It Forward Fund to strengthen state’s nursing workforce
ANNAPOLIS, Md. — Gov. Wes Moore and national social impact organization Social Finance announced Thursday the launch of a $3 million fund aimed at tackling Maryland’s persistent nursing shortage by offering zero-interest loans to nursing students. The Maryland Pay It Forward Fund is supported by $2 million from the state’s Talent Innovation Fund and $1 million in philanthropic backing from Blue Meridian Partners. The public-private initiative wi…
wgmd.com
Maryland Economic Development Association (MEDA)State of Maryland and Social Finance Announce Maryland Pay It Forward Fund to Strengthen Maryland’s Nursing Workforce
Maryland is facing a significant nursing shortage, with about 7,000 open positions across the state and high turnover expected to make the shortage worse. Financial barriers are also keeping some qualified people from pursuing nursing degrees. Now, Governor Wes Moore and Social Finance are launching a three-million-dollar fund to help address the problem. The Maryland Pay It Forward Fund will provide zero-percent-interest loans to students in tw…
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