The National Community Pharmacists Association, in recognizing Walter Scheffe as Independent Pharmacist of the Year stated, "Walter P. Scheffe has been a successful professional and business man in Enid for nearly 50 years. ….. If there are two words to describe Walter, they are action and excellence. It is apparent that he never tires of work no matter how difficult the task. His goal is obviously to do the best in all that he is involved. This is exemplified by the Scheffe Prescription Shop, which is one of the most modern pharmacies in the country and clearly dedicated to serving his community well. … Walter P. Scheffe is truly an exemplary role model and certainly well deserving of recognition as Independent Pharmacist of the Year."

Walter Scheffe has served The University of Oklahoma College of Pharmacy as:

• Chairman of the Dean’s Advisory Council,
• Chairman of the Building Development Committee,
• Chairman of the Pharmacy Visiting Committee,
• Member of The University of Oklahoma Board of Visitors,
• President of the College of Pharmacy Alumni Association.

He has served the profession of pharmacy as:

• President, Oklahoma Pharmacists Association,
• Member of the Lederle Pharmacy Advisory Committee,
• Member of the Squibb National Advisory Committee,
• Member of the Oklahoma Pharmacists Association Executive Committee,
• Member of the American Pharmaceutical Association and National Community Pharmacists Association.

His community activities include:

• President, Oklahoma Pharmacists Association,
• Member of the Lederle Pharmacy Advisory Committee,
• Member of the Squibb National Advisory Committee,
• Member of the Oklahoma Pharmacists Association Executive Committee,
• Member of the American Pharmaceutical Association and National Community Pharmacists Association.

His community activities include:

• President of the Enid Kiwanis Club,
• Director of the YMCA,
• Campaign chairman of the Enid Community Chest,
• President of the St. Mary’s Hospital Advisory Board,
• Co-chairman of the Garfield County Polio Immunization Campaign,
• Finance chairman of the Great Salt Plains Council of Boy Scouts of America.

Walter Scheffe has been recognized by his community and profession through several awards, including:

• A. H. Robins Bowl of Hygeia Award,
• Albert E. Rosica, Jr. Memorial Award from the American College of Apothecaries,
• Ralph D. Bienfang Outstanding Practitioner Award,
• OU College of Pharmacy Alumni Association Merit and Distinguished Service Award,
• Enid Citizen of the Year.

Walter began his pharmacy career as a teenager, delivering prescriptions on a bicycle for a drugstore in Enid. Following his graduation from the OU College of Pharmacy in 1939, he served in the U.S. Air Force during World War II. Returning to Enid, he opened Scheffe Prescription Shop. Polio immunization was one of the first county-wide projects in the nation and was organized through his efforts. The Garfield County campaign saw 40,000 of its 50,000 residents take advantage of this program in 1962.