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Scholarships & Awards

At Drake, nearly 100 percent of undergraduates receive gift aid (scholarships and grants), with the average award being $26,288.

Scholarships and awards are a type of gift aid, which is financial aid that does not need to be repaid. Scholarships can be based on various criteria, and can be renewable or one-time awards. Detailed information about the scholarships Drake offers is provided below.

Athletic Scholarships, NCAA Division I

Athletic scholarships are available for both men and women in the sports of basketball, soccer, track & field, cross-country, golf, and tennis. Additionally, athletic scholarships are available for women in rowing, softball, and volleyball. Students interested in competing at Drake can find more information at godrakebulldogs.com.

Athletic scholarship recipients must be degree-seeking students and be otherwise eligible to compete in the NCAA. Students receiving athletic scholarships are not eligible for the Drake Grant.

In accordance with Pioneer Football League rules, athletic scholarships are not available for football.

Crew Scholarship

Crew Scholarships are available to incoming undergraduate students who are invited to be participants of the Crew Scholars Program. Crew Scholarship amounts can vary, but will be at least $500/year.

Generally, Crew Scholarships are available up to four years of undergraduate study or until a student earns a bachelor’s degree, but students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Renewal for Crew Scholarships is contingent on satisfactory participation in the Crew Scholars Program and on the student maintaining satisfactory academic progress. Scholarships are renewed for the amount awarded at the time of admission. Crew Scholarships are available only to students who are enrolled full-time (12+ credits) in the fall and spring semesters (not available for summer term). They are tuition-specific awards (see Cost Specificity of Awards for more information).

CPHS 3+ Scholarship

Students enrolled in one of the College of Pharmacy and Health Sciences pre-professional programs—namely the Master of Athletic Training 3+2 Program (MATR 3+2) and the Doctorate in Occupational Therapy 3+3 Program (OTD 3+3)—are eligible for a one-time, $5,000 scholarship during their first year of the graduate portion of their program (AT1 or OT1).

Drake Opportunity Scholarship

Through Drake’s participation in the IIE Syria Consortium for Higher Education in Crisis, the University offers one renewable full-tuition scholarship per year to an incoming Syrian student. Summer tuition and fall/spring tuition overload charges (for enrollment exceeding 18 credits) are not covered. Interested students should inquire with the Office of Admission.

The Drake Opportunity Scholarship is tuition-specific, and supersedes all other tuition-specific University awards. If a student receives federal, state, or outside-funded awards that are tuition-specific, the Drake Opportunity Scholarship will be reduced so that the sum of all awards are equal to the student’s cost for tuition (see Cost Specificity of Awards for more information).

Recipients must be enrolled full-time and maintain satisfactory academic progress. The scholarship is available for up to four years as an undergraduate student, or until a bachelor’s degree has been earned. Students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Endowment and Donor-funded Scholarships

Thanks to the generous support of Drake’s alumni and friends, Drake has over 450 scholarships to support students at Drake. Many of these scholarships are awarded automatically to qualified students. Some scholarships require application (usually administered by the appropriate College or School at Drake University).

Engaged Citizen Corps

First-year students that participate in the Engaged Citizen Corps Program will receive a minimum of $3,000 in scholarship assistance (funded through a Housing Scholarship and the Segal AmeriCorps Education Award), in addition to numerous other benefits and opportunities.

George Carpenter Tuition Scholarship

Students who apply for the National Alumni Scholarship are also automatically considered for the George Carpenter Scholarship, which covers full-time tuition charges (12-18 credits) for fall and spring semesters. Summer tuition and fall/spring tuition overload charges (for enrollment exceeding 18 credits) are not covered. The Carpenter Scholarship is renewable, and is offered to three new freshmen each year.

The Carpenter Scholarship is tuition-specific, and supersedes all other tuition-specific University awards. If a student receives federal, state, or outside-funded awards that are tuition-specific, the Carpenter Scholarship will be reduced so that the sum of all awards are equal to the student’s cost for tuition (see Cost Specificity of Awards for more information).

Recipients must be enrolled full-time and maintain a GPA of 3.25 for renewal, in addition to general satisfactory academic progress standards. The scholarship is available for up to four years of undergraduate study, or until a bachelor’s degree has been earned. Students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Carpenter Scholarship recipients are seen as student leaders at the University, and are expected to be actively engaged in the Drake community. Additionally, recipients must meet with a representative from the Drake University Office of Alumni & Development each semester, and will be expected to participate in each year’s National Alumni Scholarship competition days.

To apply, students must complete the National Alumni Scholarship Application (available here) by December 1 of their senior year in high school. Applicants must be available to attend one of two scholarship weekends (usually in early February).

Fine Arts Scholarships

Fine Arts Scholarships are available to incoming first-time or transfer students that demonstrate excellence in the areas of Art & Design, Music, or Theatre Arts. Students must apply/audition to be considered for a Fine Arts Scholarship (access more information and application instructions here). Interested students are encouraged to apply early, as funds are limited. Students that receive Fine Arts Scholarships are not eligible for the Drake Grant.

Generally, Fine Arts Scholarships are available up to four years of undergraduate study or until a student earns a bachelor’s degree, but students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Renewal for Fine Arts Scholarships is contingent on satisfactory participation in the relevant fine arts discipline and on the student maintaining satisfactory academic progress. Scholarships may not be renewed for more than the amount awarded at the time of admission. Fine Arts Scholarships are available only to students who are enrolled full-time (12+ credits) in the fall and spring semesters (not available for summer term). They are tuition-specific awards (see Cost Specificity of Awards for more information).

Iowa Space Grant Consortium Scholarship

Drake is a core institution of the Iowa Space Grant Consortium, which offers scholarships and research fellowships to undergraduate students pursuing a degree in science, technology, engineering or math disciplines that support NASA’s mission.

Law Scholarships

Law Scholarships

The Drake Law School awards more than $6 million annually in scholarship assistance. More information about the various scholarships available to law students can be found here.

Legacy Award

The Legacy Award is available to full-time, degree-seeking undergraduate students who are children, grandchildren or great-grandchildren of Drake Graduates. Students should disclose their legacy affiliation on the application for admission. These awards are applied automatically at the time of admission for eligible students (no application needed).

Generally, these scholarships are available up to four years of undergraduate study or until a student earns a bachelor’s degree, but students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs. Renewal is contingent on the student maintaining satisfactory academic progress. Legacy Awards are not available for summer term, and are tuition-specific awards (see Cost Specificity of Awards for more information).

National Alumni Scholarship

National Alumni Scholarship

The National Alumni Scholarship is Drake’s most prestigious award, given to two new first-time college students each year. This renewable scholarship covers University charges for full-time tuition (12-18 credits), Drake’s residence halls (based on double occupancy), the University’s standard meal plan, and the student activity fee for the fall and spring semesters. This scholarship does not cover the summer term, fall/spring tuition overload charges (for enrollment exceeding 18 credits), or off-campus living arrangements (Drake West Village, fraternity/sorority houses, study away programs).

The National Alumni Scholarship supersedes all other University-funded awards. If a student receives federal, state, or outside-funded awards that, in combination with the National Alumni Scholarship, exceed the student’s cost of attendance or specified elements within it, the National Alumni Scholarship will be reduced so that the sum of all awards are equal to the student’s cost (see Cost Specificity of Awards for more information).

Recipients must be enrolled full-time and maintain a GPA of 3.25 for renewal, in addition to general satisfactory academic progress standards. The scholarship is available for up to four years of undergraduate study, or until a bachelor’s degree has been earned. Students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Alumni Scholarship recipients are seen as student leaders at the University, and are expected to be actively engaged in the Drake community. Additionally, recipients must meet with a representative from the Drake University Office of Alumni & Development each semester, and will be expected to participate in each year’s National Alumni Scholarship competition days.

To apply, students must complete the National Alumni Scholarship Application (available here) by December 1 of their senior year in high school. Applicants must be available to attend one of two scholarship weekends (usually in early February).

National Merit Scholarship (Drake Sponsored)

Students who are recognized as National Merit finalists and who have indicated Drake University as their first-choice institution may be offered a renewable Drake-sponsored National Merit Scholarship. Awards are offered automatically (no application required). Finalists who have received a corporate-sponsored National Merit Scholarship are not eligible for this scholarship. The Drake-Sponsored National Merit Scholarship is tuition-specific (see Cost Specificity of Awards for more information). It is not available for the summer term.

Recipients must be enrolled full-time and maintain satisfactory academic progress. The scholarship is available for up to four years of undergraduate study, or until a bachelor’s degree has been earned. Students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Phi Theta Kappa Transfer Award

Undergraduate transfer students with active membership in Phi Theta Kappa and a cumulative college GPA of 3.5 are eligible for a renewable Phi Theta Kappa Scholarship. To be considered, complete the Phi Theta Kappa Adviser Verification Form available here.

Students that have already earned a bachelor’s degree are not eligible. Recipients must be enrolled full-time (12+credits) in the fall and spring semesters (not available for summer term). Phi Theta Kappa Transfer Awards are tuition-specific (see Cost Specificity of Awards for more information). Renewal for a 2nd year is contingent on a student maintaining satisfactory academic progress.

Physics Prize & Scholarship

The Physics Scholarship, which covers full-time tuition charges (12-18 credits) for fall and spring semesters, is a renewable scholarship offered annually to an incoming first-time college student majoring in physics. Summer tuition and fall/spring tuition overload charges (for enrollment exceeding 18 credits) are not covered. More information about this program is available here.

The Physics Scholarship is tuition-specific, and supersedes all other tuition-specific University awards. If a student receives federal, state, or outside-funded awards that are tuition-specific, the Physics Scholarship will be reduced so that the sum of all awards are equal to the student’s cost for tuition (see Cost Specificity of Awards for more information).

Recipients must be enrolled full-time in the physics program and maintain satisfactory academic progress. The scholarship is available for up to four years of undergraduate study, or until a bachelor’s degree has been earned. Students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Presidential Scholarship

The Presidential Scholarship is awarded to incoming first-time college students based on academic achievement. Presidential Scholarships are determined automatically at the time of admission for eligible students (no application needed).

Generally, these scholarships are available up to four years of undergraduate study or until a student earns a bachelor’s degree, but students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs. Renewal for Presidential Scholarships is contingent on the student maintaining satisfactory academic progress. Scholarships are renewed for the amount awarded at the time of admission.

Presidential Scholarships are available only to students who are enrolled full-time (12+ credits) in the fall and spring semesters (not available for summer term). They are tuition-specific awards (see Cost Specificity of Awards for more information).

Presidential Transfer Award

The Presidential Transfer Award is available to incoming undergraduate transfer students who are seeking their first bachelor’s degree. Scholarships are based on academic achievement. Presidential Transfer Awards are determined automatically at the time of admission for eligible students (no application needed).

Generally, these scholarships are available up to four years of undergraduate study or until a student earns a bachelor’s degree, but students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs. Renewal for Presidential Scholarships is contingent on the student maintaining satisfactory academic progress. Scholarships are renewed for the amount awarded at the time of admission.

Presidential Transfer Awards are available only to students who are enrolled full-time (12+ credits) in the fall and spring semesters (not available for summer term). They are tuition-specific awards (see Cost Specificity of Awards for more information).

Trustee Scholarship

Students who attend one of the National Alumni Scholarship competition days will automatically receive the Trustee Scholarship (unless selected for a National Alumni or Carpenter Scholarship). This is a tuition-specific scholarship (see Cost Specificity of Awards for more information). It is not available for the summer term.

Recipients must be enrolled full-time and maintain satisfactory academic progress. The scholarship is available for up to four years of undergraduate study, or until a bachelor’s degree has been earned. Students enrolled in blended undergraduate and graduate programs (Law 3+3, Pharmacy, MATR 3+2, OTD 3+3) should review Program-Specific Policies to understand the structure of financial aid and billing in those programs.

Vote Smart Intern Scholarship

First-time students who are offered a Vote Smart Internship through Drake University may receive a $1,000 one-time scholarship for the semester of their internship. For more information, contact the Office of Admission.

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