A U.S. student is defined as a U.S. citizen, permanent resident, or other eligible non-citizen. All other students should select international.
A transfer student is defined as a student with any college/university coursework taken AFTER high school graduation.
The financial aid offered by Drake University is designed to help each family meet Drake's cost of attendance according to their particular eligibility for financial aid programs. This means Drake makes every effort to provide the most complete financial aid package in the first award notice.
Approximately 98% of first-year students receive financial assistance from Drake University. Domestic students entering Drake direct from high school in fall 2008 averaged $21,130 in combined grants, scholarships, need-based loans, and need-based work study.
The Early Estimate for Financial Planning will give you a free estimate of your eligibility for the grants, scholarships, loans and work study employment you may receive for the academic year.
Students must complete the Free Application for Federal Student Aid (FAFSA) to determine eligibility for any of these options.
Our financial aid counselors are experts at explaining your financing options and helping you and your family budget resources. If you have any questions, contact the Office of Student Financial Planning.
The financial aid offered by Drake University is designed to help each family meet Drake’s cost of attendance according to their particular eligibility for financial aid programs. This means Drake makes every effort to provide the most complete financial aid package in the first award notice.
Our financial aid counselors are experts at explaining your financing options and helping you and your family budget resources. If you have any questions, contact the Office of Student Financial Planning toll-free, 1-800-44-DRAKE, x2905. If calling from outside the United States, dial 1-515-271-2905.
Drake recognizes and rewards student achievement by offering scholarships and awards on the basis of academic merit or talent in fine arts or athletics. Other awards are based upon financial need. Students may qualify for both merit-based and financial need awards.
Offsetting Personal Expenses
In order for entering freshmen to be considered for Drake University’s academic scholarships, which are not based upon financial need, students must take the SAT or the ACT and submit their scores to Drake. No student who has attended a postsecondary institution is eligible for scholarships designated for freshmen.