2026 CVS Health Foundation / AACP Community Pharmacy Award

The application for the 2026 CVS Health Foundation / AACP Community Pharmacy Award for Student Pharmacists program is opening soon.

Program Information

The CVS Health Foundation / AACP Community Pharmacy Award for Student Pharmacists, funded by the CVS Health Foundation, will be awarded to 21 outstanding student pharmacists who face financial barriers in their pursuit of education. For the 2026-27 academic year, scholarship applicants must be enrolled as a (P1) or (P2) in a 3-year OR 4-year Pharm.D. program; OR enrolled as a (P3) or (P4) in a 0-5 OR 0-6 Pharm.D. program at an American Association of Colleges of Pharmacy (AACP) member institution. Selected awardees must demonstrate leadership, academic success, and a commitment to care for patients. Each awardee will receive a single $20,000 scholarship. 

Goal of the Program

The CVS Health Foundation / AACP Community Pharmacy Award is intended to support students who will care for the needs of patients, the profession, and the public, both within and outside healthcare settings. The purpose of the scholarship is to reduce financial barriers for student pharmacists in pursuit of a Pharm.D. degree who are committed to addressing the well-being of individual patients in communities across the United States. 

Eligibility Requirements

Qualified applicants must meet the following requirements:

• Eligible student statuses during the 2026-27 Program:
  • For the 2026-27 academic year, scholarship applicants must be enrolled as a (P1) or (P2) in a 3-year OR 4-year Pharm.D. program; OR enrolled as a (P3) or (P4) in a 0-5 OR 0-6 Pharm.D. program.
• Students must be able to demonstrate that they face financial barriers in their pursuit of education. To qualify, students must have filed or be claimed as a dependent on the most recent Federal Income Tax Return Form 1040, 1040A, or 1040EZ with an adjusted gross income that falls below the Low-Income Level listed below. The Low-Income Level is based on 200 percent of the U.S. Department of Health and Human Services poverty guidelines and used to determine what constitutes a low-income family. (Table 1) 

3. Student must be a U.S. citizen or permanent resident.
4. Students must demonstrate leadership, academic success, and a commitment to advancing the pharmacy profession and patient care.
5. GPA for current degree program must be 2.5 or greater on a 4.0 scale. Applicants from schools with other grading systems are still eligible to apply for the scholarship.
6. Students must submit a completed application by the deadline.
7. A student may only receive the CVS Health Foundation / AACP Community Pharmacy Award once. 

Scholarship Notification

1. Completed applications are due Monday, June 15, 2026, at 11:59 p.m. Hawaii Time (HT).
2. Completed applications will be reviewed by August 2026.
3. Scholarship recipients will be notified via email during Fall 2026.
4. Funds will be forwarded to the student’s institution in December 2026.
5. Additional information will be requested from awardees (e.g., media release, photo) during Fall 2026. Students must share a photo and name for promotional purposes as indicated in the application. 
6. AACP will announce the scholarship recipients on the AACP and Pharmacy Is Right for Me websites and social media in Fall 2026.
7. CVS Health and its Foundation may also release related announcements about the scholarship recipients via the company’s communication channels.

Scholarship Payments

A single scholarship in the amount of $20,000 each will be awarded to twenty-one (21) outstanding students. AACP will pay the scholarship funds for each awardee directly to the pharmacy college or school where the student is currently enrolled. Funds will be dispersed in December 2026 after the 2026-2027 academic year begins. Each institution will exclusively apply the scholarship funds to the awardee’s tuition and/or fees. 

Scholarships Questions

Please contact AACP at scholarships@aacp.org with questions.