Progresando Initiative promotes the economic and social mobility of Hispanic adults
MORRISTOWN, N.J., Aug. 29, 2022 /PRNewswire/ -- Saint Elizabeth University (SEU) was awarded a two-year $200,000 grant from Bank of America to support Hispanic-Latino students pursuing careers in healthcare through its Progresando initiative. The initiative was created to help Hispanic-Latinos achieve upward economic mobility through careers in healthcare, while also helping to increase representation and address the shortage of culturally sensitive, Spanish-speaking health providers.
SEU, based in Morristown, N.J., is one of 12 higher education Hispanic Serving Institutions (HSI) nationwide participating in Bank of America's Progresando Initiative. HSIs participating in the program are located in markets with a significant need of Hispanic-Latino healthcare providers.
As part of the initiative, education firm EAB will provide research, technology, marketing, and advisory services to the participating institutions. Over the next two years, the initiative is projected to help more than 6,200 Hispanic-Latino students commit to healthcare related programs, doubling the current student rate.
"As an HSI, Saint Elizabeth University is dedicated to supporting our Hispanic student population in achieving academic, professional and personal success. It is critically important that we enhance equity and inclusion in healthcare to improve patient access and outcomes in Hispanic communities," said Anne Clark Bartlett, provost and vice president for the division of Academic Affairs and Student Life at SEU.
The grant to Saint Elizabeth University will directly support the addition of a bilingual health care academic coach and a career advisor to Progresando Scholars, in addition to supplemental instruction and tutoring in critical prerequisite classes. The grant also provides for emergency funds to Progresando Scholars facing food housing insecurity, caregiving responsibilities, or other unanticipated financial needs.
"Hispanic-Latino graduate students cite gaps in academic preparation and support, caregiving responsibilities, unanticipated financial pressures, and language barriers as major challenges to degree completion," said Alberto Garofalo, President of Bank of America New Jersey. "Through the Progesando initiative with Saint Elizabeth University, not only are we providing the necessary support for Hispanic-Latino students to successfully embark on high-quality healthcare careers, we are also helping to strengthen the pipeline to support employer demand, so it's truly a win-win."
Saint Elizabeth University offers six accredited degree programs that lead to high-
paying careers in fields with great market demand. These include:
- Master of Science in Physician Assistant (median salary $115k, 31% faster than average job growth);
- Doctor of Psychology in Counseling Psychology ($105k median salary, 10% faster than average job growth);
- Master of Science in Nursing (MSN.) in Nursing Leadership or Education (median salary $104k, 32% faster than average job growth);
- Master of Arts in Counseling Psychology or School Counseling Psychology (median salary $80k, 8% faster than average job growth);
- Master of Arts in Applied Behavioral Analysis* ($61k median salary, 34% faster than average job growth);
- Master of Science in Nutrition and Dietetic Internship* ($63k median salary, 11% faster than average job growth).
*MA in ABA and the MS in Nutrition programs are fully online.
Saint Elizabeth University, founded by the Sisters of Charity of Saint Elizabeth in 1899, is a community of learning in the Catholic liberal arts tradition. SEU is ranked number one in New Jersey by U.S. News & World Report for "Top Performers for Social Mobility – Northeast Region" and was recently ranked third in the state for earnings outcomes for students three years after graduation by NJEEDS. Visit us at steu.edu/virtualtour.
At Bank of America (NYSE: BAC), we're guided by a common purpose to help make financial lives better, through the power of every connection. We're delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It's demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Connect with us on Twitter @BofA_News.
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Denise Panyik-Dale, Saint Elizabeth University
Phone: 973-290-4606
[email protected]
AnnMarie McDonald, Bank of America
Phone: 332-234-8635
[email protected]
SOURCE Bank of America Corporation
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