Monday, December 20, 2010

Question about pharmacy school deposits

Question: I've been reading your blog everyday since June and its been soooo helpful! Thanks!

My interviews are coming up soon and now my question is regarding to admission deposit. It seems that each school have $500+ deposit to save your spot for entering class and some school specifically requires the deposit a few weeks later we get acceptance notice.

So my question is, if we still have more interviews coming up and don't know whether we wanna go to that school or not, we have to pay that much money for each school??? Would that be better then if we arrange the interview dates close so we don't have to worry about this kind of issue?

And if you are able to choose the date, would that be better if you arrage the eariler date?(meaning better chance?) or it doesnt matter? Because I want to be well preapared for my interviews....but its coming so soon.


Answer: Thanks for your email. I am glad that you have found the blog to be helpful.

You are correct that a school wants you to pay a deposit to hold your spot. They are willing to make a commitment to you and they are asking that you do the same in return. I am aware of some schools that require significantly higher deposits than $500 with less time to decide whether to accept the offer or not.

I don't know if there is any real advantage to scheduling interviews close to each other. There is no guarantee that the schools will notify you at the same time of their decision. Instead, I might recommend scheduling the interview at the school you most want to attend first and the latter interview a couple of months later. That way, if you get into the first school, you accept the offer. If you don't or are waitlisted, you interview at the second school and see what happens. You might end up making a deposit to School B that you forfeit if School A subsequently offers you admission, but that's a small price to pay for the peace of mind that having a secured spot will bring you.

Let us know how the interviews go. Good luck!

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