ReNEW: A More Affordable Path to a Nursing Career
A zero-interest loan for qualified students that helps cover tuition, travel, and other expenses during the last two years of WGU's Prelicensure BSN program.
Support for the Final Two Years of Nursing School
The final two years of your Prelicensure BSN program come with some additional expenses—like travel to learning labs and clinicals—that can be a financial challenge. That’s where the ReNEW program comes in. This fund is a partnership among WGU, Social Finance, private donors, and healthcare employers that offers zero-interest loans to help cover the last two years of WGU's Prelicensure BSN program. You may pay off a ReNEW loan yourself after graduating or work for an employer partner who may make payments that may reduce your loan obligations—or even fully cover those obligations—if you remain employed for the required time period.
Why Choose ReNEW?
- A zero-interest loan that has no origination fees.
- No payments required when individual income is below $60,000 (with deferment request in accordance with the terms of the program).
- Borrow up to $20,000 per year to help cover your program costs.
- Receive loan repayment support if you work for a participating employer partner.
- Repayment term options of 5, 7, or 10 years.
- Find employment more quickly with recruiters from employer partners who will meet you while you’re still a student.
Official terms and conditions can be found in the student terms sheet. Financial Aid Counselors will review these terms with each student interested in the ReNEW Fund.
Are You Eligible?
Eligibility Requirements:
- Active student in the core nursing term (last four terms) of the prelicensure nursing program with at least two remaining terms of an eligible program to complete.
- Pell eligible (talk with your Financial Aid Counselor about specific income requirements).
- Aged 18 or older.
- Authorized to work in the United States.
- Resident of the United States or DACA status.
- Meet with a WGU Financial Aid Counselor.
- Meet Satisfactory Academic Progress (SAP).
- Must not be currently engaged in the Student Conduct process, including being under investigation, awaiting a hearing, or subject to any uncompleted sanction imposed under the Student Code of Conduct or the Leavitt School of Health Nursing Student Handbook.
- Abide by the WGU Student Policy Handbook and the Leavitt School of Health Nursing Student Handbook.
Eligibility requirements and funding availability are subject to change and not guaranteed until confirmed with a Financial Aid Counselor.
We're Here to Help You Take the Next Step!
*Eligible students are identified and contacted by WGU before their next qualifying term. Students do not need to reach out to inquire about eligibility.
WGU Leavitt School of Health
Why choose WGU for your nursing education?
- Respected education. WGU is one of the largest nursing training providers in the U.S. It granted 4.3% of all bachelor's and master's degrees in nursing in 2023–2024.*
- Designed for working adults. WGU’s flexible, hybrid program enables students to earn a BSN degree online with hands-on labs and clinical training.
- Accredited. WGU’s Prelicensure BSN program is accredited by the Commission on Collegiate Nursing Education (CCNE), reflecting nationally recognized standards for quality nursing education.
*IPEDS Completions Survey (2024).
Accredited, Respected,
Recognized™
One important measure of a degree’s value is the reputation of the university where it was earned. When employers, industry leaders, and academic experts hold your alma mater in high esteem, you reap the benefits of that respect. WGU is a pioneer in reinventing higher education for the 21st century, and our quality is institutionally recognized.
