Step 2: Apply for Financial Aid

File your FAFSA at www.fafsa.gov as early as January 1 prior to the academic year in which you plan to enroll. For example, if you plan to enroll in the fall of 2012 you can submit your FAFSA starting January 2012.

  • Drexel's school code is 003256. If you previously attended another college or university remember to update your school code.
  • FAFSA applications are processed on a rolling basis; however, you must allow five to six weeks to receive any aid for which you are eligible.
  • If you file after the priority deadline, some types of aid may no longer be available to you, but we will process financial aid awards until the first day of classes.
Student Type Required Aid Forms Priority Deadline
New freshmen entering fall term FAFSA January 1 – February 15
New transfer students entering fall term

FAFSA

January 1 – May 1

New undergraduates entering winter, spring, or summer terms

FAFSA

Transfer Student Financial Aid Application [PDF]

July 1 until your Admission Application Deadline
Current undergraduate students FAFSA Renew annually
January 1 – May 1
New graduate students entering fall term

FAFSA

Institutional Financial Aid Application [PDF] 

January 1 – February 15
Current graduate students

FAFSA

Institutional Financial Aid Application [PDF] 

Renew annually
January 1 – May 1
Medical (MD) and Law (JD) students

FAFSA

Renew annually
January 1 – May 1

Release Your Current Aid to Drexel (Transfer Students Only)

If you were awarded or received financial aid at another college or university during the current academic year (even if you never enrolled in classes there), that school must release your financial aid before it can be available for use at Drexel. Drexel cannot process any of your federal and state financial aid until it has been released by the other school.

  • Notify the Student Resource Center/Financial Aid Office — in writing — that you have been awarded or received financial aid during the current academic year at another school. Your letter must indicate the types of financial aid you were awarded and the amounts of those awards.
  • Students who need to release aid to Drexel must submit the Transfer Student Financial Aid Application [PDF].
  • Then contact the other school for instructions on how to cancel your aid. Each school's process is different, so make sure you understand the requirements.

Next: Step 3: After You Apply for Financial Aid

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