February 3rd, 2011
CareFirst BlueCross BlueShield is offering $1.28 million in scholarship funding to healthcare workers with an interest in returning to school for a master’s in nursing degree.
The Project RN scholarship program is a direct response to the shortage of well-trained nursing faculty members. Individuals who plan to receive additional education and become professors at the undergraduate level will benefit from the aid.
A total of 16 two-year scholarships will be awarded to students, each of which are worth $80,000.
Students at academic intuitions in Maryland, Washington, D.C. and northern Virgina are eligible to receive the scholarships. According to John P. Shematek, senior vice president and chief medical officer for the association, this region is expected to face a “significant” nursing shortage over the next 10 years.
“Project RN offers nurses a tremendous opportunity to become college professors and teach what they love,” says Shematek, who believes the initiative will have a positive impact on the region’s shortage.
Since its inception in 2007, Project RN has helped 14 individuals obtain their master’s degrees in nursing. Of these students, 12 have gone on to become professors.
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