The new College of Pharmacy will join the five established colleges of Roosevelt University: the College of Arts and Sciences, Walter E. Heller College of Business Administration, College of Education, Chicago College of Performing Arts and Evelyn T. Stone College of Professional Studies. All degree programs in these five colleges are accredited by the Higher Learning Commission of the North Central Association (NCA) of Colleges and Schools. NCA is recognized by the United States Secretary of Education and the Committee on Recognition of Postsecondary Accreditation, and Roosevelt has recently received renewal of its full accreditation of ten years by NCA through 2017.

Roosevelt University will seek accreditation for the College of Pharmacy from the Accreditation Council for Pharmacy Education (ACPE), which has delineated an extensive accreditation process. This is required by the National Association of Boards of Pharmacy (NABP) as an eligibility criterion of applicants seeking to take the North American Pharmacy Licensing Examination (NAPLEX). For a Doctor of Pharmacy program developed by a new college or school of pharmacy, ACPE accreditation involves a three-step process: pre-candidate status, candidate status and full accreditation.

Pre-candidate accreditation status denotes a developmental program, which is expected to mature with stated plans and within a defined time period. Pre-candidate status is awarded to a new program of a college or school of pharmacy that has not yet enrolled students in the professional program, and authorizes the school to admit its first class.

Candidate accreditation status is awarded to a Doctor of Pharmacy program that has students enrolled, but has not yet had a graduating class.

Full accreditation is awarded to a program that has met all ACPE standards for accreditation and has graduated its first class. Graduates of a class designated as having candidate status have the same rights and privileges of those graduates from a fully accredited program. ACPE conveys its decisions to the various boards of pharmacy and makes recommendations in accord with its decisions. Decisions concerning eligibility for licensure, by examination or reciprocity, reside with the respective state boards of pharmacy in accordance with their state statutes and administrative rules.