At Drake, we offer financial aid that is designed to reward your academic achievement or talent in fine arts or athletics, and also to help meet your family’s level of financial need. You may find that you qualify for both merit-based and financial need-based awards. We make every effort to provide the most complete financial aid package to you in your first award notice. Please visit our Office of Student Financial Planning for all your general scholarship inquiries.
There are additional scholarships for students who wish to study abroad while they are at Drake. Depending on the program and site, a semester or year abroad with a Drake-affiliated program is comparable in cost for tuition, room, and board to a semester or year at Drake. Financial aid is available for study abroad, and the Office of Student Financial Planning reviews each student's package individually. Drake University grants and scholarships awarded to a student are limited to 50% for study abroad on a Drake affiliated provider and 100% for an exchange program and for two semesters only. All other financial aid (i.e., federal grants and loans, outside scholarships) can be awarded as allowable at 100%.
Supplemental study abroad scholarship money is available to students demonstrating exceptional financial need, as funds allow. Students who receive a Federal Pell Grant may also be eligible to receive a supplemental Study Away scholarship from Drake. These scholarships are awarded automatically to eligible students and do not require a special application process.
To receive Drake aid, all students except graduating seniors are expected to re-enroll at Drake for at least one semester after their term abroad. Students who do not return to Drake are expected to refund the university for any Drake aid received while studying abroad. Global Learning Scholarships:
These scholarships are designed to enable students to reach their full potential as responsible global citizens. All scholarships are need based, but have slightly different selection criteria. Please visit the Funding Study Abroad page to understand which scholarship(s) are appropriate for the program you wish to pursue.