BECOME A Pharmacy Technician

 

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Worried About How to Pay for Your Education?

Go to School Now + Don’t Pay Until You Have a Job!

 

MentorWorks is changing the game when it comes to education finance and career enhancement tools, providing students with the flexibility to pursue their chosen career path with an ISA which is a flexible, innovative alternative to traditional fixed payment installment loans.

As part of our innovative “fund and support” model, the MentorWorks Income Share Agreement (ISA) program – issued by Blue Ridge Bank, N.A. – offers ISA financing with career development and professional mentoring, as well as access to employers through our online Talent Accelerator Platform.

To accelerate career paths for individuals interested in becoming pharmacy technician professionals, we’ve partnered with Lakewood University, enabling the certificate program to offer ISA financing to complete their programs. Unlike a loan, students do not pay until they find a job and reach the minimum income threshold.

MentorWorks Education Capital, Inc. is a Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury.

What Income Share Agreements Are & How They Compare to Loans

 

WHAT IS AN ISA?

Income Share Agreements (ISAs) are a flexible alternative to traditional fixed payment installment loans. Basically, students pay an affordable percentage of their future income for a set period of time, up to a maximum cap, without accruing interest. Unlike a loan, students do not pay until they find a job and reach the minimum income threshold. The payments adjust according to the level of the student’s income – providing downside protections for the student. ISAs may be issued by Blue Ridge Bank, N.A.

HOW PAYMENT WORKS

  • Students do not pay until they find a job and reach the minimum income threshold
  • The payments adjust according to levels of the student’s income
  • Monthly payments are calculated by applying the income share rate to the total monthly earned income
  • ISA obligations can be ended earlier by making early payments as listed in the early payment schedule

ISA vs. STUDENT LOAN COMPARISON

Income Share Agreements     VS.       PLUS/Private Loans
Interest does not accrue or capitalize. Interest accrues and capitalizes.
Your credit score does not affect the terms of your ISA. Your credit score may affect the terms of your loan and could impact your eligibility.
Monthly payments are based on a percentage of your income. You pay a fixed amount each month, regardless of your income.
Payments don’t start until you make above the minimum salary level in your ISA contract. You make payments, even if you are not making an income.
You only make ISA payments within a specific timeframe, usually 5-7 years. After that your obligation is over. Loan payment term can extend indefinitely until you pay off the principal and interest.
You know the maximum amount you’ll pay, no matter what. Interest is capitalized, so the final payoff amount can increase over the life of the loan if you do not make minimum monthly payments.

Since 1998, they have been setting new standards of excellence in education.

Today they are a respected, worldwide leader in self-guided distance learning. They have combined our resources to bring you the finest, most comprehensive instruction in the most flexible way possible. Lakewood University offers a broader array of study options. More career-focused instruction. Greater accessibility. Closer student support. More affordable tuition with payment options. Overall, you can look forward to a first-class educational experience that meets your highest expectations.

Lakewood University is a fitting tribute to educating the minds of busy people like you. It is also a tribute to the hundreds of students who have entrusted us with the means of realizing a better life. May Lakewood University help you reach higher goals, study smarter, and advance faster than ever.

Lakewood University is a nationally accredited member of the DEAC and they are approved by the State Board of Career Colleges and Schools. This means that their educational programs are regularly examined by third-party accrediting organizations to ensure the quality of their curricula, instructional methodology, faculty and administrative policies. Lakewood University has consistently met — and often exceeded — the standards set by these organizations.

Program Outline

Lakewood University’s 16 week Pharmacy Technician Certificate Program is comprised of 600 clock hours which provides “hands-on” instruction on the following topics:

Lesson 1: History of Medicine and Pharmacy / Pharmacy Federal Laws & Regulations »
This lesson will introduce the student to the history of medicine and pharmacy, from Hippocrates to the present. The student will have the opportunity to learn the key terms and to trace the history of federal laws affecting pharmacies. This lesson will be introduced to the qualifications, skills, and nonjudgmental duties required of pharmacy technicians in various job settings.

Lesson 2: Pharmacy Ethics, Competencies, Associations, and Settings for Technicians / Conversions and Calculations Used by Pharmacy Technicians »
This lesson will be introduced to the qualifications, skills, and nonjudgmental duties required of pharmacy technicians in various job settings. The student will have the opportunity to learn the key terms and will learn to perform conversions among the four most commonly used systems of measurement.

Lesson 3: Dosage Forms, Routes of Administration and Drug Classifications, Drug Abbreviations, and Medical Terminology / Drug Information References »
Familiarize students with the primary dosage forms and their characteristics. The student will have the opportunity to master the key terms and will be able to reference drugs and other information appropriately. The student will have the opportunity to begin learning the processes for accurately filling prescriptions in outpatient and inpatient facilities.

Lesson 4: Over-the-Counter Medications / Complementary and Alternative Medicine »
The student will have the opportunity to learn key terms and information on over-the-counter (OTC) medications as well as skin care products. Introduces the student to the history and uses of several types of complementary and alternative medicine (CAM).

Lesson 5: Hospital Pharmacy / Repackaging and Compounding »
The student will have the opportunity to learn some of the key terms encountered in a hospital pharmacy. The student will be able to define key terms and procedures used in repackaging and compounding.

Lesson 6: Aseptic Technique / Pharmacy Stock and Billing »
The student will become familiar with the types and sizes of syringes, needles, and containers used in the preparation of parenteral medications.The student will have the opportunity to learn the purpose of a formulary and how formulary drugs, both generic and trade, affect costs to patients, pharmacies, and insurance companies.

Lesson 7: Medication Safety and Error Prevention / Endocrine System »
The student will be introduced to the challenge of medication errors and their prevention. The student will be introduced to the endocrine system and its role in regulating key processes throughout the human body.

Lesson 8: Nervous System / Psychopharmacology »
The student will explore the main functions of the nervous system as a whole and the functions of the various divisions of the nervous system. The student will be introduced to the most common forms of mental illness and their treatments.

Lesson 9: Respiratory System / Visual and Auditory System »
The student should be able to define all of the terms used in the Chapter as they pertain to the respiratory system. Introduces students to the functions and structures of the eyes and ears.

Lesson 10: Integumentary System / Gastrointestinal System »
The student will have the opportunity to learn the basics of skin anatomy and become familiar with the most common skin conditions (especially acne and psoriasis) and their treatments. The student will have the opportunity to learn the major organs of the digestive system, including auxiliary organs such as the pancreas and gallbladder, as well as the functions of each.

Lesson 11: Urinary System / Cardiovascular System »
The student will have the opportunity to learn the major organs and functions of the urinary system. The student will have the opportunity to learn the structures and functions of the cardiovascular system.

Lesson 12: Reproductive System / Anti-Infectives »
The student will review the basics of male and female reproductive anatomy. The student will explore antibiotics from several angles: their discovery and development, their bacteriostatic and bactericidal drug actions, gram-positive and gram-negative microbes, and the interplay between drug-resistant bacteria and new generations of antibiotics.

Lesson 13: Anti-inflammatories and Antihistamines / Vitamins and Minerals »
The student will be introduced to the symptoms and causes of inflammation. The student will be able to explain the functions of vitamins and minerals.

Lesson 14: Vaccines / Oncology Agents »
Students will understand the importance of vaccines. They will be able to describe how vaccines are produced and which ones are most common. Students will be able to list the common types of cancer and the causes of cancer.

Lesson 15: Microbiology / Chemistry »
The student will learn how organisms are classified using taxonomic systems; in particular, the system of Whittaker will be highlighted. Students will understand the importance of chemistry to their future careers as pharmacy technicians.

State boards may impose a variety of different requirements. These requirements vary from state to state. (The states of Florida, Indiana, Nevada, North Dakota, South Carolina, Utah, and Washington will not consider the training received in this program adequate to fulfill pharmacy technician credentialing requirements. You should contact the State Board of Pharmacy to obtain the requirements applicable to pharmacy technicians in your state.)

TECHNOLOGY REQUIREMENTS The following lists the minimum recommended hardware and software requirements a student will need to successfully access Lakewood College’s online academic programs: Audio: sound card and speakers or headphones for listening Internet connection: 56 Kbps for self-paced courses (caution: if video is present, it may be poor at this speed) Screen resolution: at least 800 x 600 Internet browser: IE 7 or greater, Firefox 2 or greater, browser set to accept cookies and to show the newest version of a page Media Player such Windows Media Player, Camtasia, or Vidster (all of which can be downloaded for free at the respective websites). Pop-up blocker must be disabled **For optimal results the following is recommended: Internet connection: Cable modem, DSL or better (required for high-quality video) Screen resolution: 1024 x 768

Program Outcomes

  • Interpret physician orders and prescriptions for accuracy
  • Explain the role a pharmacy technician plays in the compounding of medications
  • Define medical and pharmaceutical terms and common abbreviations
  • Describe the role that the pharmacy technician plays in the pharmacy
  • Perform basic pharmaceutical calculations
  • Explain the differences between brand and generic medications
  • Recognize the role that the pharmacy plays in preventative services such as immunizations
  • Identify the individual state requirements for a pharmacy technician
  • Demonstrate the basic skills needed to effectively prepare for an interview

Career Outlook

Employment is expected to increase much faster than average, and job opportunities are expected to be excellent, especially for those with formal training or certification. The increased number of middle-aged and elderly people—who use more prescription drugs than younger people—will spur demand for pharmacy workers throughout the projection period. In addition, as scientific advances lead to new drugs, and as more people obtain prescription drug coverage, pharmacy workers will be needed in growing numbers.

The employment of pharmacy technicians is projected to grow 7 percent from 2018 to 2028, faster than the average for all occupations. Increased demand for prescription medications will lead to more demand for pharmaceutical services.

The median annual wage for pharmacy technicians was $33,950 in May 2019.*

*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Pharmacy Technicians, on the Internet at https://www.bls.gov/ooh/healthcare/pharmacy-technicians.htm (visited August 08, 2020).

Application

To enroll go directly to the Apply Now page on Lakewood University

Payment Plan

Pay In Full
Payment in full: $10,775

Total Tuition
Tuition: $10,775

Lakewood University provides all textbooks, study guides, supplemental materials, achievement exams, and instructional support at no cost to the student.

This is a 600 clock hour program with a tuition cost of $17.95 per clock hour (600 clock hours X $17.95 per clock hour = $10,775.00 in tuition).

Administrative Fees (in addition to the tuition above)
Application Fee– $75 for degree programs; $0 for vocational programs

Registration Fee – $200 for degree programs; $125 for vocational programs

Library Fee – $100 per degree semester; $250 per vocational program term

ISAs may be issued by Blue Ridge Bank, N.A. Information above provided by Lakewood University (2020). MentorWorks Education Capital, Inc. (MentorWorks) is not a representative of Lakewood University and this listing does not constitute a recommendation, endorsement, or accreditation. Lakewood University is not a representative or an affiliate of MentorWorks or Blue Ridge Bank, N.A. References on this website to Lakewood University do not guarantee ISA eligibility or serve as financial advice. You should carefully consider your choice of educational program and seek advice from a qualified advisor.

Have Questions? Talk to Us. Pick a Time Below.

 

Have questions about Lakewood University’s programs, courses, admissions, cost, time commitment, outcomes, or anything else? We’re here to help; schedule an info call.