Financial Aid and Scholarships

AACP Resource

Financial Aid Overview

Your college financial aid office is often the best source of information about loan, grant and scholarship programs. 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. Every dollar you spend on your education is a dollar well invested. The return in direct salary benefits and other less tangible gains will be far less than your initial investment. 

Pharmacy colleges and schools may offer financial assistance, or administer funds provided by local or state pharmaceutical associations, 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. Contact the college or school of pharmacy of your choice for information. Pre-professional students may be eligible to receive similar assistance from the community colleges or universities they plan to attend before entering professional schools.

AACP does not administer any financial assistance programs directly to students.

Additional information can be found on the Financial Literacy page.

CVS Health / AACP Community Pharmacy Health Equity Award for Student Pharmacists

The CVS Health / AACP Community Pharmacy Health Equity Award for Student Pharmacists will be awarded to 21 outstanding student pharmacists who face financial barriers in their pursuit of education including, but not limited to those who identify as an underrepresented minority student, a student with a disability, or a student with a previous or current military service to include national guard and reserves. Students must be enrolled in their first (P1) year of the professional phase of the PharmD degree program during the 2023-2024 academic year at an American Association of Colleges of Pharmacy (AACP) member institution.

Walmart Health Equity Scholarship for Pharmacy Students

The American Association of Colleges of Pharmacy (AACP) and Walmart are committed to promoting education and healthcare access to improve health for all. The Walmart Health Equity Scholarship for Pharmacy Students will support the financial need of students enrolled in Doctor of Pharmacy (Pharm.D.) degree programs who plan to serve in rural areas, medically underserved areas or populations (MUA/Ps), or Health Professional Shortage Areas (HPSAs) upon graduation. The goal of the scholarship program is to promote and support a diverse population of student pharmacists who will advance health equity.

College Ave Student Loans

Get the money you need for pharmacy school.

AACP works with College Ave to provide a simple application and a personalized loan experience so you can find a loan that works for you.

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.

AFPE-sponsored AACP Social and Administrative Sciences (SAS) Section Summer Research Exchange Mentorship Program Awards - The SAS Research Exchange Mentorship Program is intended to foster interest in research and SAS-related graduate education among P1-P3 student pharmacists through a research experience with a SAS faculty member outside their home institution. AFPE provides support for selected, highly meritorious program applicants.

Tylenol® Future Care Scholarship - This scholarship program helps students who are pursuing careers in the medical field manage the rising costs of education.


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

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

HRSA’s Scholarship for Disadvantaged Students (SDS) Program - SDS increases diversity in the health professions by providing awards to eligible health professions schools for use with students from disadvantaged backgrounds who have financial need, including students who are members of racial and ethnic minority groups. 


The Fastweb online database includes more than 1.5 million scholarships for undergraduate and graduate students.