McKesson Foundation Scholarship Programs: Empowering Futures in Healthcare and Beyond

The McKesson Foundation is dedicated to removing barriers to quality healthcare across North America, with a focus on supporting vulnerable and under-resourced communities. Understanding that a health crisis, such as a cancer diagnosis, can create significant financial strain for patients and their families, the Foundation extends its support to various initiatives. These include programs recognizing the needs and generosity of McKesson employees and their families. The McKesson Foundation offers several scholarship programs and funding opportunities designed to support education and community well-being.

Supporting Employees and Their Families

The McKesson Foundation acknowledges the importance of supporting its employees and their families, especially during times of need. Two key programs exemplify this commitment:

Scholarship Program: This program provides financial assistance to the dependents of McKesson employees who are pursuing higher education in college or vocational school programs.
Taking Care of Our Own Fund: This fund offers grants to McKesson employees facing unexpected financial hardships, such as family emergencies or natural disasters.

In addition to these direct support programs, the Foundation encourages employees' philanthropic activities by matching their donations to eligible nonprofits, up to $2,500 per employee annually.

Strategic Funding Priorities

The McKesson Foundation focuses its support on programs that closely align with its funding priorities. While the Foundation recognizes the value of work being done across various sectors, it is only able to consider inquiries that meet specific criteria. The Foundation accepts applications for funding requests above $25,000 from February 1 through April 30 each year. Funding decisions are made in August, and all applicants are notified shortly thereafter. The Foundation supports both national and local organizations, with national programs potentially spanning the United States and/or Canada, or focusing on targeted regions. All grant applications must be submitted online.

McKesson Foundation Scholarship Program

The McKesson Foundation Scholarship Program is designed to assist the dependent children of McKesson Corporation employees in their pursuit of higher education. Renewable scholarships are awarded annually to support full-time undergraduate study at accredited two- or four-year colleges, universities, or vocational-technical schools. Scholarship America independently administers the program, ensuring fair evaluation and selection, helping deserving students achieve their academic goals and build a brighter future.

Eligibility Criteria

To be eligible for the McKesson Foundation Scholarship Program, applicants must meet the following criteria:

Be dependent children of benefit-eligible McKesson Corporation employees who work full-time or part-time (30+ hours) in the United States or Canada.
Be high school or secondary school seniors or graduates planning to enroll no later than the fall of the specified scholarship year, or already be enrolled in full-time undergraduate study at an accredited institution.
Pursue their first undergraduate degree.
Personally complete and submit the application (parents or guardians should not complete it on their behalf).

Required Documents

Applicants must provide the following documents:

Completed Online Application
Academic Records/Transcripts
Enrollment Verification (if applicable)
Financial Information (if requested)

Application Process

To apply for the McKesson Foundation Scholarship Program, follow these steps:

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Carefully review all program details.
Register on the application portal and complete the required details.
Log in to your account using the received credentials.
Click the "Apply" button to access the application form.
Fill in all required details accurately.
Prepare the necessary documents as specified in the application requirements.
Upload these documents in the designated sections of the application form.
Review all information provided before submitting.
Click the "Submit" button to submit your application.

Additional Scholarship Opportunities

In addition to the McKesson Foundation Scholarship Program, numerous external funding resources are available to students pursuing healthcare-related degrees, particularly in nursing. Students are encouraged to explore all available avenues to secure financial support for their education. Here are a few examples:

American Association of Colleges of Nursing (AACN): AACN provides an extensive list of external scholarship opportunities for nursing students.
Geraldine “Polly” Bednash Scholarship: This scholarship awards $5,000 to outstanding nursing students in baccalaureate, master’s, and doctoral programs. Applicants must have a GPA of at least 3.2.
Hurst Reviews/AACN Nursing Scholarship: In partnership, Hurst Review Services and AACN offer $2,500 scholarships to students pursuing professional nursing degrees.
Daughters of the American Revolution Scholarships: The Caroline E. Holt Nursing Scholarship, Mildred Nutting Nursing Scholarship, and Madeline Pickett (Halbert) Cogswell Nursing Scholarship offer $1,000 awards.

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Go Red Multicultural Scholarship Fund: This scholarship awards $2,500 to minority women pursuing undergraduate or graduate degrees in healthcare fields. Applicants must be of Hispanic, African-American, Asian/Pacific Islander, or other minority origin and have a GPA of at least 3.0.
AANP Education Advancement Scholarships: The American Association of Nurse Practitioners (AANP) offers scholarships up to $62,500. Applicants must be current AANP members and maintain membership throughout the award funding cycle.
SGNA RN Advancing Education Scholarship: The Society of Gastroenterology Nurses and Associates (SGNA) offers $1,000 or $2,500 scholarships to RNs working in gastroenterology who are pursuing a BSN, MSN, or Ph.D. Applicants must be SGNA members enrolled in an accredited advanced degree program and maintain a 3.0 GPA.
Nurses Educational Funds Scholarships: This program includes 19 scholarships with varying amounts available to students enrolled full- or part-time in an NLNAC or CCNE accredited nursing program who have maintained a minimum GPA of 3.6 over at least 12 credits.
National Student Nurses’ Association (NSNA) Scholarship: The NSNA Foundation awards more than $330,000 annually, with scholarships ranging from $1,000 to $5,000.
Mary E. Smith Foundation Excellence in Science & Medicine Award: This scholarship awards $2,500 to nurses currently enrolled in an advanced educational program.
ExceptionalNurse.com Scholarships: These scholarships offer $250 or $500 to students with a documented disability who have applied to or been admitted to a full-time nursing program.
St. Francis School of Nursing Alumni of Pittsburgh, PA Scholarship Fund: This fund offers varying amounts to applicants pursuing an undergraduate or graduate degree from a professional nursing program and demonstrate financial need.
NURSE Corps Scholarship Program: This program covers tuition, fees, books, and provides a monthly stipend to students enrolled in diploma, associate, baccalaureate, or graduate nursing programs. Recipients are required to work in a Health Professional Shortage Area (HPSA) for at least two years.
Oncology Nursing Association Master’s Scholarships: These scholarships award $5,000 to applicants currently enrolled in a master’s degree nursing program at an NLN or CCNE accredited school, with an interest and commitment to oncology nursing required.
Association of periOperative Registered Nurses (AORN) Scholarship: This scholarship offers varying amounts to current nursing school students in a baccalaureate, master’s, or doctoral program with a minimum GPA of 3.0 and an interest in perioperative/surgical nursing.
Greta James Memorial Scholarships: Two $2,500 scholarships are awarded to candidates currently enrolled in nursing school who complete two essay questions.
Cherokee Uniforms “A Nurse I Am” Scholarship: Inspired by the “A Nurse I Am” documentary, this scholarship awards $2,000 to applicants who complete an application and submit an essay.
AfterCollege/AACN Scholarship Fund: This fund offers $2,500 scholarships to applicants pursuing a degree in nursing at the baccalaureate, master’s, or doctoral level.
Touchmark Foundation Nursing Scholarship: These scholarships offer varying amounts to support students pursuing degrees in nursing.

McKesson Pharmacy Scholarship Program

McKesson also established the McKesson Pharmacy Scholarship Program to assist pharmacy students who plan to continue their education. Scholarship Management Services, a division of Scholarship America, independently administers the McKesson Pharmacy Scholarship Program. All applicants must currently be enrolled in or have been accepted to an accredited School of Pharmacy and be in their 3rd, 4th, 5th, or 6th year of collegiate study.

A Legacy of Support

For over three decades, the McKesson Foundation has demonstrated its commitment to education by awarding more than $3.6 million in academic scholarships to children of McKesson employees, supporting over 770 students in their college journeys. This investment has helped countless individuals achieve their academic and career aspirations.

Matthew Randazzo, a McKesson Foundation scholarship recipient, exemplifies the transformative impact of this support. His mother's employment with McKesson, coupled with the scholarship, enabled him to pursue his education without the burden of excessive student loans. He earned a Bachelor of Arts in political science and Latin American studies.

Matthew credits the support his family received from McKesson for setting him on a path to a great future. His mother's stable job allowed his family to buy a home, go on vacation, and invest in his education, ultimately improving their quality of life.

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