Drexel University

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

Drexel University Financial Aid

Students who are applying for financial aid at Drexel University need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.

The FAFSA code for Drexel University is 003256.

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

Pell Grants at Drexel University

30% of students at Drexel University receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Drexel University.

You can learn more about Pell Grant eligibility here.

Outside Scholarships

Drexel students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:

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

Drexel University Financial Aid Resources

If you are looking for more information about financial aid and scholarships at Drexel or have questions that are specific to your personal 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 it does not require applicants to submit their SAT or ACT scores. That means that some students will submit their test scores and others will not. If you choose not to submit your ACT or SAT score, the admissions officers will weigh your grades, extracurricular activities, essays, and interviews more heavily. If you are not sure whether you should submit your standardized test scores, our guide on submitting 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.

Should I apply Regular or Early Decision to Drexel?

Applying to Drexel with Early Decision can be a great decision if you are 100% sure you want to go there. You’ll find out your admissions decision earlier than other students, and some data shows that you may help your admissions chances. However, you should keep in mind that Early Decision is binding. If you do get into the school, you won’t be able to change your mind later. If there is any doubt in your mind, you should apply Early Action or Regular Decision instead.

Read more: All you need to know about Early Action vs Early Decision

Should I apply Early Action at Drexel?

Early Action is a great option for students who want to hear back from a college before the Regular Decision admissions are released. At some colleges, applying Early Action can also help your admissions chances. However, this varies on a college-by-college basis, so it will not always give you a boost.

Be on the lookout for Single Choice Early Action or Restricted Early Action options. These are not the same as Early Action, and although they can be great options for some students, they are not a good fit for everyone. If you’re considering applying for Single Choice Early Action or Restricted Early Action, be sure to read the college’s admissions website carefully. Make sure that these restrictions fit with your college admissions plan.

What is the graduation rate at Drexel University?

78% of students who start at Drexel University end up finishing their degree within six years of enrolling. This is 20% 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?

10 years after starting school at Drexel University, the median earnings among students who received federal financial aid was $84,648. This is $34,257 more than the national median.

Earnings can vary widely based on many factors other than school choice. Your major and career path can cause substantial changes in your income down the line. For more information, check out our article on the average starting salary out of college.

How much do students at Drexel take out in loans?

Graduates of Drexel have to 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, it’s important to inform yourself on the advantages and disadvantages of each loan option. Our guide to navigating these different options is a great place to start.