I don't know of anyone who failed out of UTA, but I do know people who failed out of nursing school
If you are pre-licensure, you would need to enroll in another nursing school if you wished to continue...and given that a lot of nursing schools will not accept someone who failed out one school already, that won't be easy.
If you are already a LVN or RN and fail out of a BSN bridge program, you are still a LVN or RN: failing by itself doesn't take that away from you (if you failed out due to academic dishonesty, that's a whole other kettle of fish). But if you still wished to pursue the BSN, you would need to find another school, and then you encounter the same problem of nursing programs not looking fondly on those who failed out of previous programs.
So if at all possible, don't fail out. If you are struggling, seek help from your academic coach or advisor ASAP.