Drexel University

Drexel University Financial Aid

To apply for financial aid at Drexel University, you’ll need to submit the Free Application for Federal Student Aid (FAFSA).

The FAFSA uses financial information from the prior, prior year. That means you can submit the form even if you or your parents haven’t filed last year’s taxes.

The FAFSA code for Drexel University is 003256.

If you are looking for more information on how to complete the FAFSA, check out Scholarships360’s How to Complete the FAFSA Guide.

Using State Grants at Drexel

Pennsylvania residents considering Drexel should be sure to look at Pennsylvania state grant programs. Two of the biggest educational grant programs in PA are PHEAA and TIP. PHEAA offers funding for Pennsylvania students who are enrolled at least half-time in an institution and program approved by PHEAA. Students must meet certain academic and financial criteria in order to qualify. TIP, also known as PA-TIP, offers funding to students pursuing a degree in a field that the state designates as high-demand. Here are those fields in 2024:

• Energy
• Health
• Advanced Materials and Diversified Manufacturing
• Agriculture and Food Production

Pell Grants at Drexel University

30% of students at Drexel University receive Pell Grants.

The federal government awards Pell Grants to undergraduate students who demonstrate financial need by filling out the FAFSA. Students with a bachelor’s or professional degree are not eligible. Pell Grants do not be repaid. If you receive a Pell Grant, the award amount should remain consistent at any college you gain admission to. You can learn more about Pell Grant eligibility here.

Outside Scholarships

Students can use outside scholarships to supplement their financial aid package at Drexel. Outside scholarships are awards offered by private and non-profit organizations separate from their college. To browse vetted, reliable outside scholarships, check out our popular lists:

• Top scholarships for high school seniors
• Top scholarships for college students
• Scholarship database

Drexel University Financial Aid Resources

For more information about financial aid at Drexel, or for questions that are specific to your financial situation, we recommend that you reach out directly to the financial aid office!

Here’s how you can get in touch:

• Website: https://drexel.edu/drexelcentral/finaid/overview/
• Phone: 215-895-1600

Coalition Colleges

Drexel is a Coalition Member College, which means they have completed a vigorous vetting process from the Coalition for College to ensure that they “provide substantial support to lower-income, under-resourced and/or first-generation students; offer responsible student financial aid; and demonstrate a commitment to student graduation.” That also means you can apply to Drexel via the Coalition Application. The Coalition Application makes it easy to obtain application fee waivers if you qualify. It’s also a great way to discover other colleges that have demonstrated a strong commitment to affordability and strong student outcomes.

Is Drexel test-optional?

Drexel University is test-optional, which means that applicants are permitted, but not required, to submit their standardized test scores. If you choose not to submit your scores, admissions officers will weigh your grades, extracurriculars, essays, and interviews more heavily. If you aren’t sure whether to submit your standardized test scores, Scholarships360’s guide on whether to submit your test scores to test-optional schools can help.

What is the application deadline at Drexel?

Students must apply by January 15 to enroll at Drexel during the fall semester. Remember that college applications involve many pieces, including essays, a transcript, letters of recommendation, and more. Be sure to start your application as soon as you can to make sure you have enough time to make it as compelling as possible.

At Drexel students also have the opportunity to apply Early Decision. In order to take advantage of this option, you’ll have to have your application in by November 1.

And if you’re considering applying Early Action at Drexel, remember that the deadline is November 1.

What is the graduation rate at Drexel University?

77% of students who start at Drexel University finish their degree within six years of enrolling. This is 19% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.

How much do graduates of Drexel University go on to earn?

The median income of students 10 years after starting at Drexel University is $84,648. This is $34,257 more than the national median.

This data is from the College Scorecard, which only surveys students from Drexel University who received federal financial aid.

Graduate earnings can vary widely based on many factors other than school choice. Major and career path are two important factors in how much a student goes on to earn. For more information, check out Scholarships360’s article on the average starting salary out of college.

How much do students at Drexel take out in loans?

Graduates of Drexel take out a median of $25,325 in federal student loans. This is $11,825 more than the national median. As you make decisions about your college loans, be sure to inform yourself on the advantages and disadvantages of each loan option. Scholarships360’s guide to navigating these different options is a great place to start.