Walgreens Scholarship

[MissPharmD]

Any one here who has committed to work for walgreens by taking their scholarship?

I was just curious. I haven't done it yet but I am thinking about doing it just for 1 year.

any inputs?

 

[astevens]

I have them. Its not bad- if something comes up and you decide not to go to walgreens- it becomes a loan and you just pay it back.

 

[dgroulx]

If you choose not to work, you pay back the money plus 8% each year. It's not a lot of cash, so the interest won't be too bad. Also if you take the money for 4 years then work for them 3 years and quit, you have to pay back the money for all 4 years.

I actually just applied for a Walgreens scholarship this week and I graduate in 15 weeks. I need to get a year of working experience, so I decided to sign on with Wags for one year. Since I'm going to be working for them one year, then I may as well take the extra cash. They also do a NAPLEX review for you to pass the boards.

 

[letjin]

I have a question for those familiar with the scholarship. I'm currently P2 and am thinking about taking their location-based scholarship next year ($5000/yr x 2yrs) + sign on bonus when I graduate. Does the commitment time overlap with the sign-on bonus/scholarship? If I go that route, how many years would I need to work for them?

 

[pion]

I have a question too: if you take the scholarship(s) and end up having to work for them for several years, does it affect your ability to negotiate pay? It seems you wouldn't have much bargaining power regarding your pay rate if they know you have no choice but to work for them...

 

[kkelloww]

I have a question for those familiar with the scholarship. I'm currently P2 and am thinking about taking their location-based scholarship next year ($5000/yr x 2yrs) + sign on bonus when I graduate. Does the commitment time overlap with the sign-on bonus/scholarship? If I go that route, how many years would I need to work for them?

Yes, they overlap. If its a three year signing bonus and you took three years of scholarship, then you would have a three year commitment.

 

[kkelloww]

I have a question too: if you take the scholarship(s) and end up having to work for them for several years, does it affect your ability to negotiate pay? It seems you wouldn't have much bargaining power regarding your pay rate if they know you have no choice but to work for them...

You don't have any bargaining power anyway. Everybody starts at a rate determined by the market. I don't think they negotiate on anything.

 

[astevens]

the only thing they negotiate on is sign-on bonuses, which aren't as common as they used to be.