Requirements to Start Up a Nursing School

Over the past few decades, the health industry has grown substantially. According to the U.S. Bureau of Labor Statistics, the health industry is expected to increase employment and create new health careers within the next five to 10 years. More medical centers will emerge to keep up with this growing trend. Starting a nursing school could be a potentially rewarding experience with the right business plan, funding, accreditation and staffing/faculty.

  1. Mission

    • Every nursing school must have a mission statement. With the help of a professional proposal writer, devise a detailed description of what makes the nursing school more competitive than others. Highlight the school's strengths and specialties. To stay competitive with other nursing schools, invest in innovative medical technology and assemble a qualified team of advisers to establish an overall respected nursing institution.

    Funding

    • A nursing school business that is approved by The Nursing Accrediting Commission is eligible to receive money in the form of grants, loans, and governmental funding. When applying for grants, draft a precise and solid marketing plan that highlights the nursing school's attributes. Confer with a grant writer specializing in medical grant proposals. Contact a suitable bank to apply for any loans and review insurance rates and policies with an attorney to ensure that the nursing school has workers' compensation, disability and unemployment benefits to cover faculty and staffing.

    Tax Requirement

    • In order to set up a nursing school, you must obtain an employer identification number from the Internal Revenue Service. Apply online at IRS.gov, by phone or fax. Register with the Department of Revenue to officially and legally make sale transactions--between student and institution--and to establish tax information.

    Curriculum

    • Consult with The Nursing Accrediting Commission or the Commission on Collegiate Nursing Education to create a curriculum that meets current accreditation requirements. To be an accredited nursing school, devise biology, chemistry, physics, nursing school theory, social sciences and humanities courses. Devise nursing programs and departments for students to graduate with a Bachelor of Science or associate degree, or high school diploma--in approved nursing coursework. Once approved by the accreditation commission, list the costs of all courses, required credits needed for certification, coursework requirements and other information needed for student enrollment.

    Faculty

    • Hire only qualified and certified trained medical professionals. Conduct vigorous background checks and referencing to ensure that the nursing school faculty is trained and experienced. Seek employees on online job boards and contact medical colleges and universities about job placement for students and graduates.

    Financial Aid

    • Create competitive tuition rates and hire a team of financial directors and admission staffing to help students find ways to pay for educational costs. Contact the U.S. Department of Education and apply for a title IV school code to receive certification and eligibility in receiving federal financial aid and grants that students can apply for.

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