CVS Health Children of Colleagues Scholarship Program
CVS Health Foundation has established a scholarship program to assist children of colleagues who plan to continue their education in college or vocational school programs.
CVS Health Children of Colleagues Scholarship Program
The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor and eligible applications are reviewed by Scholarship America’s evaluation team.
Eligibility
Applicants to the CVS Health Children of Colleagues Scholarship Program must:
- Be dependent* children, age 25 and under, of full-time CVS Health domestic colleagues who have a minimum of one (1) year of employment with the company as of the application deadline.
*Dependent children are defined as natural and legally adopted children, stepchildren, or foster children under legal guardianship of the CVS Health colleague parent/guardian. - Be high school seniors or graduates or current college undergraduates
- Plan to enroll in full-time undergraduate study at an accredited two- or four-year college, university, or vocational-technical school for the entire upcoming academic year.
Children of executives are ineligible. Executives are defined as AVP and above.
Awards
If selected as a recipient, the student will receive an award ranging from $4,000 to $5,000. Awards may vary based on how many recipients can be awarded. The program is administered in compliance with IRS Revenue Procedure 76-47 and no more than 25% of eligible applicants will be awarded.
Awards are not renewable, but students may reapply to the program each year they meet eligibility requirements.
Awards are for undergraduate study only.
Awards are for qualified education-related expenses only (tuition, fees, books, and required supplies/equipment). Award amounts may be adjusted if award exceeds the cost of qualified education-related expenses.
Notification
All applicants will be notified in June.
Notifications are sent via email. When setting up your account, avoid using a school or work email. Instead, use an active, personal email address that you will continue to have access to.
Please make sure to add studentsupport@scholarshipamerica.org as well as the program email address as safe senders in your email contact list.
Payment of Scholarships
Scholarship America processes scholarship payments on behalf of CVS Health Foundation. Payment is made in August.
Selection of Recipients
Scholarship recipients are selected on the basis of:
- Academic record
- Demonstrated leadership and participation in school and community activities
- Work experience
- A statement of educational and career goals and objectives
- Unusual personal or family circumstances
- Financial need
- An online recommendation
Selection of recipients is made by Scholarship America. In no instance does any officer or colleague of CVS Health Foundation play a part in the selection. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements. All applicants agree to accept the decision as final.
Requirements
As part of your application, you must upload the following:
- A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display:
- Student name
- School name
- Grades
- Credit hours for each course and term in which each course was taken.
NOTE: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.
One online recommendation form must be submitted on your behalf no later than May 22, 2026 3:00 PM Central Time.
Your application is not complete unless all required materials are submitted electronically.
