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At Drake, we offer financial aid that is designed to reward your academic achievement 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 Financial Aid Office for all your general scholarship inquiries.

The following additional scholarships are available specifically for economics students.

The Professor Edward Alley Scholarship

The Professor Edward Alley Scholarship was established in 1994 to honor Professor Alley (left). Professor Alley was a member of the Economics Department from 1942 to 1973 and served as Chair of the Economics Department for two decades.

The Alley Scholarship is presented annually to a Drake Economics major who has a grade point average of 3.0 or higher and who has completed the sophomore year. Recipients normally receive the scholarship for both their junior and senior years provided they meet all qualifications. Winners are chosen by the Financial Aid Office in September or October.

The Herbert W. and Edna M. Bohlman Award

The Herbert W. and Edna M. Bohlman Award was established by former students and friends in honor of Dr. and Mrs. Bohlman. Dr. Bohlman (left) was member of the Economics Department from 1924 to 1967. He served as Dean of the Graduate Division from 1940 to 1954, and Dean of the College of Business Administration from 1954 to 1964. Mrs. Bohlman taught economics and social studies for 64 years in the Des Moines School District, at the Des Moines Area Community College, and at Grandview College.

The income from the Bohlman Award Fund is divided between two students each year: one enrolled in the Zimpleman College of Business and the other a major in economics. The economics winner, normally a junior, is chosen by the economics faculty in March. The winner then enjoys scholarship support for the following (senior) academic year. Both awards are presented at the annual Zimpleman College of Business awards convocation.

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