hey everyone! I would appreciate if anyone could please provide some insight on if Noorda's pre-accreditation status holds a risk. also, will it be easy to find private loans?
Not a student yet, but I start in July with the incoming class, and I’ve learned a decent amount about this school and the process it’s going through during my application cycle.
Once a school receives pre-accreditation (a process that takes years of effort), I don’t believe there’s ever been a US medical school that has failed to gain full accreditation. It’s a rigorous process.
Also, I believe part of the pre-accreditation process requires the school set aside funds to support its students in the event that the school somehow fails to achieve full accreditation, which again, I don’t believe has ever happened.
Attending a newer school comes with its drawbacks not related to the risk of failing to achieve full accreditation, but I truly think this program has great potential. From what I‘ve seen, the people who worked to build this program have a great deal of passion and dedication. Not only do I not doubt that Noorda will achieve full accreditation, but I have a feeling that Noorda will be one of the stronger DO programs in the country by 5-10 years from now.
As far as private loans go, Noorda has some kind of partnership with two lenders, Sallie Mae and Zuntafi iHelp. Sallie mae wouldn’t approve me without a credit-worthy cosigner, but Zuntafi did approve me all by myself, and I have no real credit history. My credit history consists of the student loan payments I had to make during my gap year. Do with that what you will, but given my anecdotal experience, I‘d venture to say that private loans aren’t too difficult to obtain.