You will get ripped off going to this school. They do not have regional college accreditation or pharmacy accreditation.
You will not be able to get federal loans, you will have to get private Sallie Mae loans. You will more than likely pay around 16% interest as that is the new high rate for 80% of their loans.
http://studentlendinganalytics.type...ature-loan-to-climb-to-14625-apr-over-17.html
Their tuition is $40,000 per year. Private loans compound interest every year even while you are in school.
$40K + 16% interest = $46400 year 1
$46K + $40K +16% interest = $100224 year 2
$100K + $40K + 16% interest = $162659 year 3
$162K + $40K + 16% interest = $235085 year 4
$235,085 for your pharmd with Sallie Mae loans accruing interest through school, but it is not over yet.
Here is your repayment calculations from the Sallie Mae site.
Private Loan Repayment Balance$235,085
Monthly Payment Schedule
Signature Student LoansInitial Balance$235,085Remaining Terms$3,453
Payment Summary
Signature Student LoansTotal $ Payments$621,485Total Interest$386,400Total # of Payments180
So, $3500 a month for 15 years after you graduate. The grand total for your pharmd??
$621,485
Print this off and take it to your interview, ask them some questions about it, let me know what they say. Sallie Mae is a scam and this school was created to feed off the large applicant pool of CA, and to pump up some wallets.
