CVS and UNCF Launch $5 Million Scholarship Program for Black and Latinx College students

It is about time, however inside the previous yr, seemingly extra corporations than ever are utilizing their cash to actively elevate up communities of coloration. Lashify created an incubator and mentor program for Black companies; manufacturers like Anastasia Beverly Hills have pledged whopping quantities of cash to Black-led organizations such because the NAACP Authorized Protection and Schooling Fund; retailers Goal and Sephora have each launched extra Black-owned manufacturers on its cabinets and made plans to spotlight stated manufacturers of their shops. CVS/Pharmacy, the place you possible cease for lots of your hair, pores and skin, and make-up wants, is the newest to affix the motion.

CVS Well being, the pharmacy’s mum or dad firm, has simply established a five-year, $5 million scholarship program particularly for Black and Latinx college students who’re pursuing tutorial careers in well being care. As a press launch from CVS Well being states, this system is a collaboration between its personal group, CVS Well being Basis, and the United Negro Faculty Fund (UNCF). Two-year scholarships will probably be need-based and, based on the press launch, “will help college students of their junior and senior years as they full their research.”

Wish to know in case you’re eligible? In response to CVS, the checklist of relevant school majors embrace pharmacy, nursing, enterprise administration, biology, biochemistry, finance, operations/provide chain, knowledge analytics, info expertise, actuary, and human sources.

Scholarships for Black and Latinx people, particularly within the medical area of research, can go a great distance, based on the UNCF. 70 p.c of African American freshmen who obtained a UNCF basic scholarship graduated inside six years, in comparison with solely 38 p.c of all African American college students nationwide, based on the fund’s Frederick D. Patterson Analysis Institute. And college students who obtain a UNCF scholarship reportedly outperform the nationwide inhabitants of scholars (no matter race) in persistence via school and to commencement.

To be taught extra about eligibility and apply for a scholarship, go to https://uncf.org/scholarships. The fund will settle for purposes for the CVS Well being Basis Well being Care Profession Scholarship from February 1 via April 1, 2021. 

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