How to pay for pharmacy school

July 13, 2024

Worried about the cost of pharmacy school? Learn about the best ways to fund your Pharm.D. degree, from scholarships and grants to loans and work-study opportunities.

Three students walk through a hallway wearing graduation cap and gown.

Understanding Tuition and Fees

When pursuing a higher education degree, tuition, fees, living expenses and additional costs such as books and materials can add up. Good financial planning and guidance from financial aid advisors can help manage these costs effectively, ensuring you can focus on your education and career goals.

VCU’s tuition and fees estimator can give you a better idea of what your costs will be. We recommend looking at the full cost of living for any pharmacy schools you are applying to.

If you have more questions about financing your pharmacy education, schedule an appointment for personalized assistance.

Financial Aid and Scholarships 

Our students fund their pharmacy education through various means, including scholarships, grants, GradPlus or HRSA loans, work-study and employment.

Contact our Financial Aid Office liaison, Nicky Abdul, at nabdul@vcu.edu. For questions specifically about Pharm.D. scholarships, reach out to pharmacy@vcu.edu.

Post-Graduation Earnings

Nationally the median salary for a pharmacist in 2023 was $129,000 according to the U.S. Bureau of Labor Statistics. 

In the state of Virginia, pharmacists made between $130,000 and $140,000 in 2023 according to the Virginia Department of Health Professions. In addition to a great salary, 68% received health insurance and 70% also had access to a retirement plan. Learn more about the pharmacist workforce in Virginia through the Virginia Pharmacists Workforce Report.