Unless something changes, then a pass/fail programs may significantly hinder your ability to get residency interviews. I have heard RPD's say that they won't interview Pass/Fail students. I know our algorithm relies on a GPA to function so we would have no way of putting you on even footing to compare you to other candidates. That might not matter to some programs but here I am not sure what we would assume. It wouldn't be fair to assume you have a 4.0. We could assign you 0 points for GPA but that might disadvantage you against other students. We couldn't effectively screen you out for low GPA. We would thus need to assume all Pass/Fail students had good GPA's or none of them did. I feel like lots of programs will go with the None option.