Co-op Results
The benefits of Drexel Co-op are obvious. Not only are Drexel students financially ahead
of their peers, but they also have the practical foundation needed in order to attend some
of the top graduate schools in the country.
Drexel Co-op Earnings
Drexel Co-op puts students ahead financially both in the short-term and the long-term.
Short-Term Benefit
Co-op earnings serve as an additional source of income, which can be used to help
pay for tuition or living expenses. This amount will vary based upon the co-op position,
its location, and the duration of co-op employment (from 3 to 18 months). Listed below
are last year's average earnings for a six-month Drexel Co-op experience divided by college.
| College or School |
|
Average Six-Month Co-op Earnings |
| Arts and Sciences |
|
$13,416 |
| Biomedical Engineering, Science, and Health Systems |
|
$15,990 |
| Business |
|
$14,430 |
| Education |
|
$9,360 |
| Engineering |
|
$16,510 |
| Information Science and Technology |
|
$17,056 |
| Media Arts & Design |
|
$11,856 |
| Nursing and Health Professions |
|
$13,468 |
| Professional Studies |
|
$13,286 |
Note: Following the first period of co-op employment,
you will see a change in the estimated family contribution (EFC),
which is used to determine one's level of eligibility for federal and institutional
need-based aid. We advise students to set aside a portion (approximately two-thirds)
of co-op earnings to supplement any decrease in financial aid that
results from co-op employment.
Long-Term Benefit
Because you will have gained the real-world know-how and professional skills that come
with Drexel Co-op, it is likely that you will be hired at a higher
salary level than most college graduates when it's time to begin a career.
Aside from the obvious benefits of a higher salary, an additional benefit
is that their earning capability can help you with a more timely
payment of any loans incurred while at Drexel. Take a look at the average starting
salaries of Drexel students in comparison to averages reported by the National
Association of Colleges and Employers (NACE):
| College or School |
|
Average Starting Salary Offer |
NACE Average |
| Arts and Sciences |
|
$39,418 |
$35,214 |
| Biomedical Engineering, Science, and Health Systems |
|
$43,571 |
|
| Business |
|
$45,918 |
$45,338 |
| Education |
|
$36,000 |
$34,206 |
| Engineering |
|
$55,620 |
$53,887 |
| Information Science and Technology |
|
$53,825 |
$51,095 |
| Media Arts & Design |
|
$37,084 |
$34,683 |
| Nursing and Health Professions |
|
$49,038 |
$40,352 |
| Professional Studies |
|
$46,583 |
$38,249 |
Graduate Study
Many Drexel students choose to continue their education in graduate, law, or medical school, and
nothing looks better on an admission application than a Drexel Co-op experience. Schools that have
accepted Drexel students include:
Graduate Schools
- Dartmouth
- Harvard
- MIT
- Princeton
- University of Pennsylvania
Law Schools
- Duke University
- New York University
- University of California, Berkeley
- University of Chicago
- University of Pennsylvania
Medical Schools
- Drexel University College of Medicine
- Jefferson Medical College
- New Jersey Medical School (UMDNJ)
- Philadelphia College of Osteopathic Medicine
- Temple University School of Medicine