Kaiser Permanente grant to stimulate jobs, education
As Colorado faces historic unemployment rates, a new partnership between Kaiser Permanente and four state colleges and universities will bring hundreds of new health care jobs to southern Colorado.
The $1 million program supports careers in nursing and front-line health-care professions such as lab/radiology technicians and medical assistants.
Most of the funding — $750,000 — will provide more than 100 scholarships to students pursuing degrees in nursing or allied health professions at the University of Colorado at Colorado Springs, Pikes Peak Community College, Colorado State University Pueblo and Pueblo Community College. The other $250,000 will be allocated to a loan repayment program for health-care professionals already employed by area safety net clinics, which provide free or low-cost care to underserved patients.
Southern Colorado unemployment ranks among the highest in the state, and the region also faces a shortage of health-care workers. In the nursing field alone, according to the U.S. Bureau of Labor Statistics, more than 1 million new and replacement nurses will be needed in the U.S. by 2016. Kaiser Permanente's grant award addresses both of these problems in southern Colorado by providing hundreds of new scholarships and repaying workers' loans.
The effort is believed to be the first in Colorado to tie loan repayment for allied health professionals to community safety net clinics. Often, these facilities struggle to recruit or retain health-care workers.
To qualify for these scholarships or loan repayments, individuals must commit to working two years in a designated safety net clinic.
"Our health care and educational sectors are caught in the perfect storm – demands are growing as budgets are tightening" said Donna Lynne, president of Kaiser Permanente Colorado. "Kaiser Permanente recognized this challenge as an opportunity to invest in an innovative workforce development program that supports our educational institutions and places nurses and other health-care professionals in the clinics that need them most."
Scholarships will be available to students pursuing degrees in nursing and allied health occupations for the fall 2010 semester at the four partner institutions. The amount of money and the number of scholarships to be awarded varies depending on the school. Students may contact each school's financial aid office for application deadlines and additional details.
The loan repayment program is anticipated to begin this fall, as soon as the participating safety net clinics are identified.