CVS Launches $5M Pharmacy Scholarship in Louisiana

The scholarship aims to strengthen the pharmacy workforce and expand access to care across the state.

Published on Feb. 21, 2026

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CVS Health has launched a $5 million scholarship program to support students pursuing a Doctor of Pharmacy degree at Xavier University of Louisiana in New Orleans or the University of Louisiana at Monroe. The scholarship will open in the 2026-27 academic year and is part of CVS Health's broader efforts to invest in the pharmacy workforce.

Why it matters

The scholarship program is intended to address workforce shortages in the pharmacy field and improve access to healthcare services across Louisiana. CVS Health's investment in pharmacy education aligns with broader industry trends to strengthen the pipeline of future pharmacists.

The details

The $5 million scholarship will be available to students starting in the 2026-27 academic year at Xavier University of Louisiana and the University of Louisiana at Monroe. This builds on CVS Health's other pharmacy workforce initiatives, including a tuition assistance program for PharmD graduates who intern with CVS Pharmacy and a community pharmacy health equity scholarship.

  • The $5 million scholarship program will launch in the 2026-27 academic year.
  • In April 2024, CVS Health unveiled a tuition assistance program for PharmD graduates who intern with CVS Pharmacy.
  • In February 2025, CVS Pharmacy and Duquesne University launched a 50% tuition scholarship program for eligible CVS employees pursuing a Doctor of Pharmacy degree.

The players

CVS Health

A large healthcare company that operates a nationwide chain of retail pharmacies and provides pharmacy benefit management services.

Xavier University of Louisiana

A private, historically Black university located in New Orleans that offers a Doctor of Pharmacy degree program.

University of Louisiana at Monroe

A public university located in Monroe, Louisiana that offers a Doctor of Pharmacy degree program.

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The takeaway

CVS Health's $5 million scholarship program in Louisiana demonstrates the company's commitment to investing in the future pharmacy workforce and improving healthcare access across the state.