Albany College of Pharmacy and Health Sciences has always stood for opportunity, and one way to help ensure equal opportunity for all is through scholarship assistance.
Our alumni and friends have embraced that belief and have generously provided the resources to assist financially burdened students in their quest to turn their dreams of an ACPHS education into reality.
We are grateful for the generosity of these individuals, families, and corporations who have made commitments to provide much needed support to deserving students.
The information on this page describes the process for endowing a scholarship and answers questions such as how scholarships are awarded. Click the following link to view a list of the College's endowed alumni scholarships and awards.
Establishing an Endowed Scholarship
Generous donors have helped make Albany College of Pharmacy and Health Sciences the outstanding educational institution it is today. We invite you to support the future student scholars of Albany College of Pharmacy and Health Sciences by making a gift to establish an endowed scholarship at the College.
Creating an endowed scholarship fund is easy to establish and they last indefinitely. When you endow a scholarship with Albany College of Pharmacy and Health Sciences you are not only providing students with a bright future but you are also leaving behind your legacy. To endow a scholarship, a gift of $25,000 minimum is required. This payment can be contributed in full at the outset or payable over five years. The principal of the fund is invested to produce income, and an annual award is given to a student/s which totals to $750-$1000 a student for one academic year. The principal remains untouched, so the endowment can last into perpetuity.
As a scholarship donor, you choose the name of the scholarship as well as the criteria. The Office of Institutional Advancement staff is available to help you create the criteria for your scholarship. Scholarships at ACPHS are awarded to deserving students based upon area of interest, geographical origin, leadership potential, merit, financial need, academic achievement and/or other criteria. Typically, the Office of Financial Aid carefully reviews the scholarship applications submitted by students and selects the most deserving recipient(s) based on the donor-established criteria.
Major contributors of a scholarship fund are notified annually when the scholarship recipient(s) has been selected and are informed of the name and hometown of the recipient, as well as the amount of the award. Recipients write a thank-you note to the donor, and in some cases, the recipient and donor are able to meet at the Annual Benefactor Dinner Reception.
For more information, please contact Michael Buckley, Director of Development, at 518.694.7126.
Frequently Asked Questions
How are scholarships named?
The major benefactor of a scholarship establishes the scholarship name. You can establish a scholarship in your own name or choose to name it for a friend, family member, organization or a favorite faculty member.
How is the selection criteria established for the scholarship I am establishing?
You can aid in establishing the scholarship criteria by expressing your intentions for the award. The College will draft the scholarship criteria according to your specifications and present it to you for your approval.
How are scholarships awarded?
Scholarships for current students are advertised on the College’s website and in the College bulletin. Typically, the Office of Financial Aid carefully reviews each application and selects the most deserving recipient(s) based on the established criteria.
Will I receive notification when a student is awarded the scholarship?
You will be notified annually when the scholarship recipient(s) has been selected. You will be informed of the name and hometown of the recipient, as well as the amount of the award and status of the fund.