The SunTrust Foundation now Truist Foundation announced it has awarded a $1 million grant to edX to support the launch of the global nonprofit’s MicroBachelors programs, the first credit-backed, stackable credential in online learning. The MicroBachelors programs from edX offer immediately transferable skills to learners in areas such as IT and computer science to meet employers’ needs and provide a pathway to a full bachelor’s degree.
 
MicroBachelors programs are designed for adults who do not have a college degree and believe they need additional education to advance in their careers. The programs are affordably priced between $500 and $1,500 (roughly $166 per credit). They can be completed entirely online, allowing working adults to accomplish the coursework at their convenience.
 
“We’re pleased to support MicroBachelors programs, as we believe it’s important for higher education institutions and businesses to partner together to transform, strengthen and improve learning to help prepare people to enter the workforce and be successful,” said Lynette Bell, who has been named president of the Truist Foundation. “Our participation in the edX MicroBachelors Program Skills Advisory Council, a group bringing together the key stakeholders in this arena, is a fundamental part of creating these conversations.”
 
The first edX MicroBachelors programs are IT Career Framework from Western Governors University (WGU), which is recognized for credit by WGU; and Computer Science Fundamentals from New York University (NYU), which is pending recognition for credit by Thomas Edison State University (TESU). Additional programs from Arizona State University (ASU) are forthcoming, and edX will continue to add MicroBachelors programs and new credit pathways that stack into full degree options with other university partners in the future.

Learners can enroll in a MicroBachelors program, which consists of three to five courses, without admission requirements or application. Once learners complete the full program and pass, they will earn a MicroBachelors program credential from the university offering the program.
 
“The SunTrust Foundation’s financial support of MicroBachelors programs is invaluable, as is Truist’s recognition of the programs’ continued learning opportunities,” said Anant Agarwal, edX founder and CEO. “Both edX and Truist are committed to providing opportunities for lifelong learning, and we look forward to seeing the impact these programs will have on people pursuing higher education.”