The pharmacy industry continues to grow, so works in this field are in high demand. Pharmacy degrees are available at all educational levels, from associate’s degrees to doctorate degrees. To help with the high cost of these programs, students can find pharmacy grants and scholarships.
Grants and Scholarships: What’s the Difference?
Although they are slightly different, there are certain things that most grants and scholarships have in common. These are as follows:
- Neither grants nor scholarships need to be repaid after you graduate, like you have to do with student loans.
- Colleges themselves are one of the most common places to find scholarships and grants, since schools want to entice the best and brightest students to choose their programs.
- Companies government departments, and outside organizations all also offer grants and scholarships.
- Some grants and scholarships are available specifically for pharmacy students, while others are available for all students regardless of field of study.
- Most grants and scholarships require you to be attending an accredited programs.
Where scholarships and grants differ is in how the money is given out. Grants are typically given to students who show financial need. Other factors may also come into play, but almost all grants require you to submit financial information. On the other hand, scholarships require merit, such as academic achievement, volunteer work, special talents, or the submission of a winning essay.
Where to Find Grants and Scholarships
The amount of money available varies from year to year. Start with searching for grants and scholarships available directly from your college. Other places you can find financial aid specifically for pharmacy students include from the following companies and organizations:
- American College of Apothecaries Research Education Foundation
- American Institute of the History of Pharmacy
- American Foundation for Pharmaceutical Education
- American Pharmacists Association
- American Society of Health-System Pharmacists
- Health Alliance
- National Association of Chain Drug Stores
- National Community Pharmacists Association
- Pharmaceutical Research and Manufacturers of America
- Rite Aid
Keep in mind that there are also quite a large number of organizations and companies that have scholarships and grants available for students in a number of health-related fields (and for general students). These awards are typically more competitive, but they may also be for higher amounts of money, which is definitely a plus!