Posts Tagged ‘Education’

Knowledge First Financial to Acquire Heritage Education Funds to Pursue a Shared Goal of Helping Families Maximize Their Education Savings


MISSISSAUGA, Ontario, Jan. 11, 2018 /PRNewswire-HISPANIC PR WIRE/ — On January 3, 2018 Knowledge First Financial announced the acquisition of Heritage Education Funds Inc. and Heritage Education Funds International, LLC to pursue a shared goal of helping families maximize their education savings. The companies will create the largest Education Savings Plan provider in Canada and select international markets with a total of $6.4 billion in assets under management. Knowledge First is owned by a not-for-profit Foundation, while Heritage was privately held.

Each company brings more than 50 years of helping families across the globe save for post-secondary education through the use of a focused education savings plan. Heritage Education Funds International has been serving the education savings needs of customers around the globe for more than three decades.

“We are very pleased to bring together these two strong, long-standing financial institutions,” says George Hopkinson, President and CEO, Knowledge First Financial. “We believe the combined size and scale of these two organizations will enable us to meet a growing need for education specialists who are dedicated to helping families maximize their education savings.”

“It’s a privilege to serve families around the world who are planning ahead so their children can pursue a post-secondary education,” said Jason Maguire, outgoing president and CEO of Heritage Education Funds International, LLC. “Now we are in an even stronger position to make our education savings plans available to more parents and grandparents.”

The Heritage International Scholarship Trust Plan is a US dollar-denominated savings plan which has, to date, over US $115 million in asset under management and has benefited over 20,000 students attending post-secondary institutions in the Caribbean, United States, Canada, UK and other parts of the world. The Plan is sponsored by The Heritage International Scholarship Trust Foundation, a not-for-profit Canadian corporation which was also part of the acquisition. Since its inception, The Heritage International Scholarship Trust Foundation has returned more than US$152 million in principal, educational assistance payments and scholarships to qualified students.

The Heritage International Scholarship Trust Plan will continue to be distributed and managed as it is today. The international business will operate under the name of Knowledge First International Inc. and the company will operate as a wholly-owned subsidiary of the Knowledge First Foundation. The Knowledge First Foundation is a not-for-profit Canadian corporation that reinvests its net revenue in initiatives that support student success. Since 1965 the Knowledge First Foundation has provided students with nearly $50 million in additional discretionary top-up payments and has awarded more than $1 million in post-graduate scholarships.

George Hopkinson will continue as President and CEO and will lead the integration activities.  Jason Maguire will join Knowledge First as Managing Director to assist in the integration and continue to lead and support the international operation.

The acquisition closed January 2, 2018.

The acquisition is not expected to have any impact on subscribers or beneficiaries to the Heritage International Scholarship Trust Plan or Knowledge First Plans.  Blair Franklin Capital Partners Inc. is serving as financial advisor and Wildeboer Dellelce, LLP is acting as legal counsel to Knowledge First.

About Knowledge First Financial

Canadian families have relied on education savings plans offered by Knowledge First Financial for more than 50 years.  Today the company provides sound financial management and administers $3.72 billion in assets on behalf of more than 250,000 customers. Since 1965, payments from the plans have reached $3.6 billion.

Knowledge First Financial Inc. is the investment fund manager, administrator and distributor of the Registered Education Savings Plans.

About Heritage Education Funds

Heritage Education Funds is a leading and trusted provider of Education Savings Plans, with over 50 years of experience in Canada and over 30 years in select international markets.

Heritage Education Funds International operates in Jamaica, Bahamas, Bermuda and the British Virgin Islands.

visit www.HeritageESPcom.

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Walden University Adds New Research-Focused Ph.D. in Nursing

New program joins Doctor of Nursing Practice (DNP) to prepare new leaders for the nursing profession

MINNEAPOLIS, April 23, 2014 /PRNewswire/ – Continuous advancements in nursing science research, education and practice are increasing the demand for nurses with doctoral degrees. To help prepare new leaders in these expanding fields, Walden University is now offering an online Ph.D. in Nursing program for nursing professionals who want to directly impact nursing practice today or conduct cutting-edge research that improves patient care tomorrow.

“In today’s complex healthcare environment, increasing importance is being placed on doctoral-level education to advance the science of nursing and the quality of patient care,” said Dr. Andrea Lindell, associate dean of the School of Nursing. “Through Walden’s Ph.D. in Nursing program, students can gain the credentials and interdisciplinary knowledge required to conduct research at the highest levels in their field, educate future nurses or shape healthcare policies, systems and processes.”

Students in the program will conduct original research that addresses increasingly complex healthcare issues, contribute to scientific nursing knowledge and help advance the nursing profession. Through multidisciplinary projects with other doctoral students from various health disciplines, students will develop the skills to lead or collaborate with diverse, cross-functional healthcare teams to promote positive change. Students can also develop advanced expertise in a focus area of their choice, such as Education, Healthcare Administration, Interdisciplinary Health, Leadership or Public Health Policy.

Walden’s new research-focused doctoral program joins the CCNE-accredited, practice-focused Doctor of Nursing Practice (DNP) program, which is designed to meet the country’s critical demand for doctoral-level nurses who can lead and mentor the next generation of nurses. The DNP program prepares nursing professionals to assume greater practice and leadership roles in healthcare organizations, promote a more effective and efficient healthcare system and evaluate and apply research that contributes to better patient outcomes.

Through Walden’s offering of both doctoral programs, students can now choose how they wish to play a key role in leading advancements in hospitals, educational institutions, public policy organizations, pharmaceutical companies and other health-related settings.

Walden’s portfolio of CCNE-accredited degree programs also includes the Master of Science in Nursing (MSN) program with specializations in Adult-Gerontology Nurse Practitioner, Adult-Gerontology Acute Care Nurse Practitioner, Family Nurse Practitioner, Leadership and Management, Nursing Education and Nursing Informatics and the Bachelor of Science in Nursing (BSN) Completion Program.

To help nursing and all other students achieve their goal of advancing their education, Walden is offering millions of dollars in grants, scholarships and tuition assistance when they start their program in 2014. To learn more about our nursing programs and tuition assistance, call an enrollment advisor at 1-855-203-7874 or visit

About Walden University
For more than 40 years, Walden University has supported working professionals in achieving their academic goals and making a greater impact in their professions and their communities. Today, more than 50,000 students from all 50 states and more than 150 countries are pursuing their bachelor’s, master’s or doctoral degrees online at Walden. The university provides students with an engaging educational experience that connects them with expert faculty and peers around the world. Walden is the flagship online university in the Laureate International Universities network—a global network of more than 75 campus-based and online universities in 30 countries.

Walden offers more than 80 degree programs with more than 370 specializations and concentrations. Areas of study include health sciences, counseling, human services, management, psychology, social work, education, public health, nursing, public administration and information technology. For more information, visit Walden University is accredited by The Higher Learning Commission and a member of the North Central Association,

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CONTACT: Jerry Sweitzer, 1-410-843-6576,

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