Financial Aid and Scholarships

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Financial Aid and Scholarships 

The American Association of Colleges of Pharmacy (AACP) does not administer any financial assistance programs directly to students. Federal and state grants and scholarships, although widely available, are generally reserved for the most economically disadvantaged students. Your college advisors are often the best sources of information about loan, grant and scholarship programs. Additionally, pharmacy colleges and schools may offer financial assistance. Other financial assistance opportunities are provided below.

Financial Aid Overview

What is all of this going to cost?

How much your education will cost depends on where you enroll, distance to your hometown and the extent to which public dollars are used to support the pharmacy institution. As you make plans to fund your education, remember that every dollar you spend is a dollar well-invested. The return in direct salary benefits and other less tangible gains will be far less than your initial investment.

AACP does not administer any financial assistance programs directly to students. Federal and state grants and scholarships, although widely available, are generally reserved for the most economically disadvantaged students. Your college financial aid advisors are often the best sources of information about loan, grant and scholarship programs.

Additionally, pharmacy colleges and schools may offer financial assistance directly to students. Pharmacy colleges also administer student financial assistance funds provided by local or state pharmaceutical associations and their auxiliaries, practicing pharmacists, drug manufacturers and wholesalers, memorial funds and foundations, alumni associations, local chapters of pharmaceutical organizations and fraternities, as well as general university funds allocated for this purpose. For further information about aid that may be available, write to the college or school of pharmacy of your choice. Pre-professional students may be eligible to receive similar assistance from the community colleges or universities they plan to attend before entering professional schools.

Potential Grants and Scholarships

Express Scripts Scholars Program - AACP is working with Express Scripts to facilitate the application process for the new Express Scripts Scholars Program. As an organization, Express Scripts recognizes that students interested in dual degrees may have increased financial need and supports the efforts of academic pharmacy to educate students with diverse interests. The Express Scripts Scholars Program will provide four (4) $10,000 scholarships to enrolled dual degree students each year. The awarded students are given $2,500 per semester for 4 consecutive semesters, totaling $10,000 over 2 years.

Application Deadline: May 15, 2013 at 5:00 p.m. EST. 
Questions? E-mail ExpressScriptsScholars@aacp.org.

Federal Loans and Grants - Information about federal aid for undergraduate and professional student pharmacists.

Explore Health Careers' Financial Aid Tool - This site includes some portable, non-school-specific funding. In addition, research the availability of financial aid opportunities offered by pharmacy schools.

RESPy Award - Pharmacy Times and Walmart award honors outstanding student pharmacists who display exemplary behavior and great potential as community pharmacist candidates.

Tylenol Scholarship - Started in 1992, this program helps students who are pursuing careers in the medical field manage the rising costs of education.

American Foundation for Pharmaceutical Education - AFPE provides funding for research scholarships, graduate school scholarships, pre-doctoral fellowships in the pharmaceutical sciences, post-Pharm.D. fellowships in the biomedical research sciences and pharmacy faculty new investigator grants.

Indian Health Service Division of Health Professions Support - The Federal IHS provides and administers scholarships, externships, loan repayment, recruitment, grants and other career support services to assist healthcare professionals in Indian health programs across the nation.

 Scholarship Search Tool

Financial Literacy

Education Finance Council's Financial Literacy Page - Information and tools to help students make good financial decisions along their path through college.

IBR Info - An independent, nonprofit source of information, IBR helps student loan borrowers learn about two new federal loan programs: Income-Based Repayment (IBR) and Public Service Loan Forgiveness.   This is a service of the Project on Student Debt.

Mint.com - A free financial management Web site.

Student Aid on the Web at MyMoney.gov - The U.S. Financial Literacy and Education Commission provides financial education resources for all Americans. This page focuses on sudents and education financing.

Project on Student Debt - The Project on Student Debt works to increase public understanding of borrowing, which has become a primary way to pay for higher education.

Symposium

Paul Ambrose Symposium - The symposium provides leadership training and prevention education to 40 health professions students interested in public health, prevention, healthcare policy and medical and health sciences education.

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