National Merit Scholarships

Incoming first-year students who rank as National Merit finalists and who have indicated Drake University as their first-choice institution may be considered for Drake-sponsored National Merit Scholarship of $1,500. Students who receive a corporate sponsored National Merit Scholarship are not eligible for a Drake sponsored National Merit Scholarship.

Awards are based on a variety of criteria depending on the type of scholarship and are not based on financial need. 

Undergraduate scholarships are available only to students enrolled at the undergraduate level, for up to 4 years total or until a Bachelor's degree is earned (whichever comes first). Students entering one of Drake's joint undergraduate/graduate degree paths should refer to Program-Specific Policies to understand which years are designated as undergraduate-level for billing and financial aid purposes. Scholarships will renew automatically if all renewal requirements are satisfied.