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New pharmacy schools are opening their doors at a very rapid rate across the United States. These schools can be a great option if your grades are below average, but there are some downsides to attending a new pharmacy school. First, the government will not subsidize any of your loans. What does this mean? For accredited pharmacy schools, students receive a decent amount of their loans as a subsidized Stafford loan, which does not accrue interest until after graduation. If you attend a new pharmacy school, all your loans will increase interest from day one; this could add up to several thousand dollars more in loans to pay off after you get your Pharm.D.

Also, the new pharmacy school may never receive accreditation. A few years ago, the Hawaii College of Pharmacy (HICP) had collected tuition and was running its Pharm.D. program until it closed its doors leaving its students stranded without a degree. The Hawaii State Department of Consumer Protection closed the school for failing to follow appropriate guidelines as a non-accredited school. Be sure to do your research before committing your time and money to a new Doctor of Pharmacy program.

Recently opened pharmacy schools and their accreditation status:

Belmont TN ——————————- Pre-candidate

Calilfornia Northstate CA ——————- Pre-candidate

Charleston WV —————————- Candidate

Chicago State IL ————————– Pre-Candidate

East Tennessee State TN —————— Candidate

Findlay OH ——————————– Candidate

Harding, University of AR ——————- Pre-candidate

Hawaii at Hilo HI ————————— Candidate

Encarnate Word TX ———————— Candidate

Lipscomb TN —————————— Pre-candidate

NEOUCOP OH —————————— Candidate

Pacific U. (OR) O ————————- Candidate

Southern Illinois Edwardsville IL ————- Candidate

Sullivan *** KY —————————- Pre-candidate

Texas A&M – Kingsville TX ——————- Candidate

Thomas Jefferson *** PA ——————- Pre-candidate

Touro (CA) CA —————————– Candidate

Touro (NY) NY —————————– Pre-candidate

Union TN ———————————- Pre-candidate

Here is a list of schools that may open in the near future:

Possible schools for 2011

Central California SOP – Independent Private Without College Affiliation

Samual Merrit (# 10 in CA)

St. Joseph College, CT

Roosevelt University, Chicago

University of NC Greensboro

Possible opening of schools in 2010

The University of Maryland Eastern Shores

Drexel

Farleigh dickinson

D ‘Youville College

Concordia-Wisconsin-projects a class size of 300.

Presbyterian College-NC

University of South Florida

Philadelphia College of Osteopathic Medicine

School opening 2009

Husson University

New England, ME University

Notre Dame of Maryland

Regis University

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