There are many types of financial aid available at Drake University. Keep reading for more information!
Drake Scholarships & Awards
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.
Grants are a type of gift aid, which is financial aid that does not need to be repaid. Grants can be based on various criteria, but usually require financial need and the completion of the FAFSA.
Because financial need is re-calculated each year based on a new FAFSA, grants are often subject to change. Detailed information about the grants available at Drake are provided at the link below.
Drake’s work-study program provides part-time employment for eligible students. Work-study earnings are paid monthly as earned (based on the previous month’s completed hours) via direct deposit to a student’s checking or savings account. Work study earnings are not applied as a payment to a student’s billing statement.
Many students receive scholarships or assistance from other organizations. You should report any assistance you will receive by completing this form. Checks on your behalf should be mailed to:
Drake University Financial Aid Office Carnegie Hall 2507 University Avenue Des Moines, IA 50311-4505
Loans are a type of financial aid which must be repaid with interest, usually beginning shortly after a student ceases to be enrolled at least half-time. Detailed information about each of the loan programs available to students at Drake are listed at the link below.