Download Application Information Packet

If you are entering your final two years of a PharmD program and are interested in pursuing a career at CAMC, you can take advantage of an exciting opportunity!

The CAMC Loan Opportunity makes available amounts up to the total cost of attendance. Based on your school’s determination of this amount under Federal guidelines, this opportunity could amount to up to $90,000 for direct and indirect expenses related to your education as a pharmacist. Repayment of the loaned amount is in the form of a work commitment to CAMC for five years.

We encourage you to take advantage of this opportunity by submitting an application through this competitive process.  A limited number of loans are available.  Please read the following information to find out if you are eligible and to learn more about the application and selection process.

Highlights of CAMC Pharmacy Education Loan 

CAMC recognizes that although we are presenting a wonderful opportunity to individuals to practice in the area of hospital pharmacy, we know it is vitally important that you also understand the recruitment incentive being offered. 
Download Program Highlights.

Who may apply? 

Students must be:

§         Currently enrolled as a full-time pharmacy student studying to obtain a doctorate in pharmacy (PharmD), and must be either entering into the third or fourth year of a PharmD Program;

§         Interested in practicing as a Clinical Staff Pharmacist or Clinical Specialist Pharmacist at CAMC for a period of 5 years;

§         Making satisfactory academic progress in their respective program, as defined by the school; and,

§         A U.S. citizen.

To apply, follow these instructions:

 

Complete a Pharmacy Education Loan Application.  Incomplete applications will not be accepted. 

The following supplemental documents are required in order to complete the application requirements:

 

q       Current resume or CV.

 

q       One-page typewritten cover letter, using a size 12-font, explaining your career goals, specifically your interest in practicing pharmacy in a hospital.  Please communicate and provide specific examples that demonstrate why you are deserving of this opportunity. 

 

q       Three reference forms completed by people not related to you. 

q       Official transcripts of coursework completed (includes undergraduate coursework).

 

q       Signed letter from the School of Pharmacy that confirms you are progressing satisfactorily academically, as defined by the school, which also confirms your academic year.

 

The above documents must be received by 4:30 p.m. on March 6, 2009.  Please submit to:

 

Janna B. Inghram, Director of Workforce Development

CAMC, Inc.

Human Resources Department

P.O. Box 1547

Charleston, West Virginia 25326

 

Selection process: 

1. Submission of an application and required supplemental documents is the first step of the selection process.  Follow application instructions above.
    
2. Applicants will be evaluated using a criteria-scoring system.  Applicants will be selected based on numerical rankings and scheduled for an interview with CAMC Pharmacy managers. 
   
3. Interviews will be the third step of the selection process.  Applicants will be contacted the week of March 16^th to schedule an interview.  Interviews will be scheduled between March 23^rd and April 17^th.  Interviews will be scored on pre-determined content areas.  Selected applicants will be notified in writing by May 1^st. The final decision on the selection of applicants is made solely by and at the discretion of CAMC.
   
4. Selected applicants will then follow the steps outlined below in the section titled, Loan Process.

 

Loan Process:

Education is an investment – one that pays off for years to come.  CAMC and the CAMC Federal Credit Union (Credit Union) are pleased to make available to you an option to finance your education expenses while enrolled in the School of Pharmacy.  Working together, CAMC and the Credit Union provide a comprehensive, innovative alternative loan program that can provide pharmacy students the educational funding they need.  The CAMC Pharmacy Education Loan process is highlighted below:

 

q       CAMC has agreed to guarantee certain education loans for students wishing to pursue a career with CAMC after graduation in areas of need within the organization.  This guarantee is one way CAMC shows its commitment to you and your future.

 

q       While certain agreements between CAMC and the student may call for CAMC to repay all or a portion of the loan on behalf of the student, the responsibility to repay the education loan in-full remains with the student.

 

q       The Credit Union has agreed to finance the Pharmacy Education Loan, and process all paperwork required by lending laws and regulations, upon receipt of CAMC agreement to guarantee this loan and properly executed loan documents.

 

q       In exchange for the loan guarantee by CAMC, the student must agree through an executed agreement with CAMC to accept employment as a Pharmacist, if offered at CAMC or an affiliate of CAMC, and must meet certain duties throughout the term of the agreement.  The duties include:

 

·         Obtain and maintain current valid and unrestricted license as a pharmacist under the laws of the State of WV and as defined by CAMC within 90 days of completion of Pharmacy Program; and

·         Not use the proceeds of the guaranteed loan as collateral for any other debt or obligation without CAMC’s advance written consent; and

·         Work full time providing pharmacy services at CAMC (full-time shall mean 80 work hours per bi-weekly pay period); and

·         Perform duties required of pharmacists practicing at CAMC; and

·         Comply with all applicable laws, rules and regulations related to the practice of pharmacy; and

·         Participate in in-service or other educational programs, as reasonably requested by CAMC; and

·         Allow CAMC to inspect student records or such other information CAMC determines necessary to ensure student is in compliance with the terms of the agreement and the terms of the student’s loan guaranteed by CAMC; and

·         Allow CAMC to inspect student’s academic records on a per semester basis to insure student is maintaining sufficient progress toward completion of the Program; and

·         Report to CAMC any and all scholarships, grants or other sources of education assistance prior to requesting any CAMC Loan guarantee; and

·         Receive the written approval of CAMC prior to seeking or applying for postgraduate clinical/residency training.

 

q       An HR representative will provide eligible students with the CAMC agreement for review and consideration.  If student is interested in pursuing this financing opportunity, the student must inform the HR representative by the designated timeline.

 

q       Eligible students will be provided with a loan package for completion.

 

q       Any questions regarding loan documents will be directed to the Credit Union.

 

q       The student must complete the loan package in its entirety and submit to the Credit Union. 

 

q       Upon completion of the loan application and checklist of required supporting documents (included in the loan package), the student must submit the package to the Credit Union for processing, along with a $50 check for a non-refundable loan processing fee.

 

q       The student’s loan package will only be processed if all properly executed and notarized agreements between the student and CAMC are received from the student with their loan application documents.

 

q       The Credit Union will process the loan and within 10 business days from receipt of the completed loan application package, communicate to the student the status of the loan process to include the student’s responsibilities in securing loan disbursements during the education period.

 

q       The student must maintain Credit Union membership during the duration of this loan (e.g. only a $5.00 minimum balance in a savings account is required).

 

q       Upon completion of the education program, the student remains responsible for repayment of the loan until paid-in-full and the loan payments begin in accordance with the loan documents. 

 

q       Provided the student meets the terms of their agreements with CAMC, CAMC will make payments to the Credit Union for the loan in accordance with the terms of the education loan documents.

 

q       As payments are made to the Credit Union on behalf of the student (then a CAMC employee), the amount of the loan payment will be added to the employee’s taxable income as “non-cash taxable earnings” for taxing purposes.  Taxes will be withheld in accordance with the employees W-4 on file.  This process will continue until the loan is paid-in-full.

 

Please contact Janna Inghram at 388-6401 with questions pertaining to this opportunity.