Nashville, TN | September 20, 2025
SavvyFi today announced a new partnership with the Reinvesting in Nursing Education and Workforce (ReNEW) Fund. The ReNEW Fund, a partnership between Social Finance and Western Governors University (WGU), addresses the U.S. healthcare nursing gap by unlocking access to economic opportunity for aspiring nurses who face financial barriers. By offering zero-interest loans to thousands of students across the country through WGU’s Bachelor of Science in Nursing Prelicensure (BSN) degree program, the Fund helps cover the final two years of qualifying students’ tuition and fees, while also providing the financial support students may need to attend in-person training and labs.
SavvyFi will power the ReNEW employer contribution program, making it simple for healthcare employers to offer ReNEW Fund loan repayment as a high-impact benefit. From onboarding and loan verification to secure payment processing and reporting, SavvyFi ensures contributions go toward eligible graduates’ loans and help them reduce debt faster while staying in the profession. Partner employers pay into the ReNEW Fund upon the hire and retention of WGU graduates, covering individual graduates’ loan repayment obligations during employment, boosting retention and morale in critical nursing positions.
“Employers have the power to change the financial future of their nurses,” said Jeffrey Hull, CEO of SavvyFi. “By making student debt repayment easy to offer and transparent to manage, we help deliver a benefit that improves lives and strengthens the workforce. Our flexible platform delivers fast, accurate payments at scale, making us uniquely qualified to support this program.”
About SavvyFi
SavvyFi partners with mission-driven employers to design and deliver impactful financial wellness benefits, including student loan repayment and retirement matching, loan coaching including PSLF, education savings through 529s, and tuition reimbursement programs. For more information about SavvyFi’s student loan benefit solutions, visit https://www.savvyfi.co
For more information about the ReNEW Fund, visit socialfinance.org/renew or wgu.edu/renew
To download a PDF of the press release, please click here: SavvyFi + ReNEW Press Release SF WGU.
About SavvyFi: SavvyFi is a user-friendly fintech platform that makes it easy for employers to provide college savings and student loan benefits to their employees. Because the company’s platform is “zero-touch” to HR — without any complicated systems, integrations, or paperwork — SavvyFi unlocks education financing capabilities to even the smallest employers that would not otherwise be able to offer these benefits.
Disclosure: Third-party quotes shown may not be representative of the experience of all SavvyFi customers and do not represent a guarantee of future performance or success.
