Many Ways to Afford Your Degree
If you have been accepted to St. Louis College of Pharmacy, you are among a select group. Your admission was based on your academic achievement, standardized test scores, and extracurricular activities. You are motivated, bright, and resourceful. Students like you often receive multiple scholarships to help cover college costs. Scholarships do not have to be repaid, and they may come from a variety of sources.
- St. Louis College of Pharmacy offers scholarships to high-achieving students. Scholarships awarded by STLCOP typically range between $3,000 and $8,000 per academic year.
- More than 195 donor-funded scholarships, totaling more than $421,000, have been funded by individuals, organizations, and companies to assist STLCOP students for the academic year. In 2012, 175 students were awarded these scholarships. Students apply for scholarships in the fall, answering questions that help the awards committee match students with the scholarships that are best suited to recognize their accomplishments and address individual needs and goals. Criteria may include academic achievement, extracurricular activities, and community involvement.
- Many students qualify for and receive scholarships from other sources. Information about external scholarships is available from your high school guidance counselor and a number of online databases.
- Another type of financial aid that does not require repayment is grants. These are federal or state government awards usually based on a student’s financial need. The first step to applying for grant funding assistance involves completing the Free Application for Federal Student Aid (FAFSA).
Grants are government financial awards provided to students who qualify and exhibit financial need as determined through your FAFSA financial disclosures. Grants do not require repayment.
Student loans make college possible for many students, providing immediate cash to cover costs. Loans are available from various sources and repayment plans and interest rates vary. Most student loans do not have to be repaid until a student has graduated.
Federal work-study programs are designed to assist students who qualify to work in various College settings, including administrative offices, the library, the fitness center, and faculty research laboratories. These students work an average of four to six hours per week and are paid monthly for the total hours worked.