Zoetis Scholarship Program Surpasses $6 Million in Scholarships Awarded

Annual scholarship empowers students to achieve dream and reduce debt load

PARSIPPANY, N.J.—March 20, 2018— Zoetis and the Association of American Veterinary Medical Colleges (AAVMC) today announced the awarding of $630,000 in scholarship funds through the Zoetis Veterinary Student Scholarship Program for 2018.  Now in its ninth year, the Program awarded scholarships in the amount of $2,000 to 315 second- and third-year veterinary students representing 33 colleges of veterinary medicine.  The program has awarded $6.1 million over the past nine years helping to offset education expenses for more than 3,000 veterinary students.  The announcement was made at the 2018 Student American Veterinary Medical Association Symposium in Philadelphia. 

The scholarships provide a way to address the financial challenges associated with pursuing a veterinary education.  Lizann Guzman, a student enrolled in the College of Veterinary Medicine at Western University of Health Sciences in Pomona, Calif., said the award made a significant impact on her educational experience.  After not being accepted to the veterinary college in her home state, Guzman faced a difficult financial choice. “One of the hardest decisions of my life was moving out to California for vet school, knowing that I would be in so much more debt than if I waited a year to reapply in-state,” said Guzman, who will graduate in 2019. “This scholarship greatly helped me out financially and gave me extra motivation to work hard in pursuing my dream.”

“Easing the economic pressure on students like Guzman is the purpose of the Zoetis Veterinary Student Scholarship Program,” said Dr. Christine Jenkins, Chief Medical Officer and Vice President of Veterinary Medical Services and Outcomes Research at Zoetis.  “Many veterinary students face decisions similar to Lizann’s choice. The average debt load of veterinary students is more than $160,000.1 Earning a veterinary medical degree is challenging enough without the added stress of debt. Our goal with this scholarship is to help alleviate the financial worries faced by student veterinarians.”

The Zoetis Veterinary Student Scholarship Award operates as part of Zoetis’ Commitment to Veterinarians™, a platform created to support leadership and diversity among future veterinarians, while also helping to offset the significant costs associated with a veterinary education. More than 1,700 applicants from universities throughout the United States and Caribbean were evaluated for academic excellence, financial need, diversity, sustainability, leadership and career interest. Students applied through VetVance®, a free educational resource sponsored by Zoetis that provides students and recent graduates with online content relating to professional development, business skills, professional stewardship, financial literacy, personal wellness, and much more.  Scholarships are awarded to students in all areas of professional interest, including food animal medicine, small animal clinical medicine, research, government services, public health, and organized veterinary medicine.  Among the 2018 awarded scholars:

•  36% are from racial and ethnically diverse backgrounds
•  33% are studying mixed animal medicine
•  11% are studying to practice food animal medicine
•  24% are going into small animal practice
•  4% are going into equine exclusive clinical practice
•  16% are entering academia, public health, government, & industry
•  11% will go into other areas such as lab animal, zoo/exotic animal, wildlife or other

“Student debt is one of the top concern for young veterinarians,” said Dr. Andrew Maccabe, Chief Executive Officer of the Association of American Veterinary Medical Colleges. “Debt can impact a veterinarian’s finances and life choices for 20 years or longer. We are proud to partner with Zoetis to award these scholarships to many exceptional veterinary students and help ease that burden.”

About Zoetis
Zoetis is the leading animal health company, dedicated to supporting its customers and their businesses. Building on more than 60 years of experience in animal health, Zoetis discovers, develops, manufactures and markets veterinary vaccines and medicines, complemented by diagnostic products, genetic tests, biodevices and a range of services. Zoetis serves veterinarians, livestock producers and people who raise and care for farm and companion animals with sales of its products in more than 100 countries. In 2017, the company generated annual revenue of $5.2 billion with approximately 9,000 employees. For more information, visit www.zoetisus.com.

The Association of American Veterinary Medical Colleges (AAVMC) is a nonprofit membership organization working to protect and improve the health and welfare of animals, people and the environment by advancing academic veterinary medicine. Its members include 49 veterinary medical colleges throughout the world. www.aavmc.org

For further information, contact:
Garnetta Santiago, MA, LVT

1 Average debt among veterinary students was $162,707 in 2017, according to the Annual Data Report 2017-2018 [Internet]. Washington, DC: Association of American Veterinary Medical Colleges; 2018 January p. 1-47. Available from: http://www.aavmc.org/About-AAVMC/Public-Data.aspx



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