Kentucky Council on Postsecondary Education

Healthcare Workforce Investment Fund

Kentucky, along with other states, recognized healthcare workforce shortages during the 2023 legislative session in part by establishing the Kentucky Healthcare Workforce Investment Fund, which is a public-private partnership to provide healthcare training scholarships for Kentucky resident students and incentives to reward performance and excellence among healthcare professional programs.

Key Elements

The fund, administered by CPE, is designed to improve financial support for students who enroll in targeted programs leading to healthcare credentials in areas demonstrating critical workforce need.

The fund rewards performance and excellence among Kentucky healthcare professional education and training programs.

The fund may accept donations, with all monies gifted or donated to the fund to be matched, dollar for dollar, by General Fund disbursements for scholarships and/or educational program incentives.

The fund will prioritize grants by geographic areas of Kentucky with the greatest workforce need and will strive to improve racial and ethnic diversity within healthcare fields.

The fund allows grantors to restrict funding for scholarships for qualified students who are Kentucky residents


Guiding Legislation and Documentation


Healthcare Workforce Investment Fund Implementation Plan

2024 Implementation Schedule


HWIF Steering Committee Members

CPE Chair Madison Silvert appointed the members of the HWIF Steering Committee at their Nov. 17, 2023, meeting.  Members will serve a one-year term beginning March 1, 2024. 


Frequently Asked Questions

What is the Healthcare Workforce Investment Fund? 

The HWIF is a groundbreaking public/private partnership, created in Spring of 2023 by HB 200. The legislation shares responsibility between industry and government to carry out a dedicated mission - to cultivate a robust frontline healthcare workforce in Kentucky. Our core objectives are twofold: providing educational scholarships to students pursuing programs targeting critical workforce needs in healthcare professions and recognizing and rewarding excellence among Kentucky healthcare professional education and training programs. 

Who is responsible for administering the funds? 

The Kentucky Council on Postsecondary Education (CPE) is responsible for administering the funds. The Council will establish a steering committee for the purpose of advising on issues related to healthcare training scholarships, including determining funding allocations, defining partnership proposal criteria, and making awards. The steering committee is comprised of 10 members – healthcare industry (3), higher education institutions (3), government organization (3), and KY CPE (1). 

Who is eligible for the funds? 

In 13 KAR 5:010, an “eligible entity” means an entity that offers a healthcare program. As long the entity offers the program and the credential received upon completion of the program allows the graduate to be eligible for licensure (which often includes sitting for an exam), then it is eligible to partner with a healthcare provider in a proposal to receive scholarship funding.   

How does the dollar-for-dollar match work? 

The fund may accept gifts or donations restricted by a healthcare partner grantor with all monies gifted or donated to the fund to be matched, dollar for dollar, by General Fund disbursements for the establishment of scholarships and/or educational program incentives.

When will the Council begin accepting partnership proposals? 

Applications for partnerships and incentive awards will open on July 1, 2024. The application will close on August 15, 2024 and all awards will be made by September 13, 2024. 

How will funding priorities be determined? 

Healthcare Training Scholarships

Healthcare Program Incentives


For more information about healthcare workforce initiatives, contact Michaela Mineer at michaela.mineer@ky.gov

Last Updated: 2/6/2024