The $7,500 may be used for any purpose decided by the awardee and faculty sponsor that will enable the student to have a successful program -- e.g., student stipend, laboratory supplies, books, materials, travel, etc. related to the program of graduate study. None of the funds shall be used for indirect costs by the institution.
An applicant must be a member of Phi Lambda Sigma and a pharmacy Pharm.D. degree student in the final year of professional studies who is planning to enroll full-time for the Ph.D. degree in the pharmaceutical sciences after graduation in a Ph.D. degree program at or affiliated with an accredited U.S. school/college of pharmacy or be a pharmacy Pharm.D. degree student in the final year of professional studies who is currently enrolled in a joint Pharm.D./Ph.D. degree program at or affiliated with an accredited U.S. school or college of pharmacy who will pursue full-time graduate study in the year the award is made. US citizenship or permanent resident status is required.