Financial Aid Process for Graduate Students

Choosing the right school means making sure it has an academic program that will challenge and inspire you; has a social environment that will spur personal growth; and is the right financial investment.

At Drexel, we want to make sure the cost of a Drexel education is clear and that every student fully understands and takes advantage of all the financial resources available.  

What is Drexel's Cost of Attendance?

Graduate student costs are based on the number of credits that they register for each term. In most cases, graduate students are billed tuition at a per-credit rate. Additionally, there may be other costs to consider during your education. Some of these include books, a computer, transportation, and miscellaneous personal costs. These other costs are taken into consideration when Drexel reviews your financial aid eligibility. 

View Graduate Tuition and Fees. 

Applying for Financial Aid

In order to be eligible for financial aid, students typically must be registered for a minimum of 4.5 credits per term and in a degree-seeking program (non-matriculated, some certificate, and other programs may not be eligible for federal or state financial aid; you can contact Drexel Central if you have questions about the aid eligibility of your program).

Free Application for Federal Student Aid (FAFSA) – U.S. Citizens and Permanent Residents

The Free Application for Federal Student Aid, or FAFSA, is used to determine your eligibility for federal loans. The 2025–2026 FAFSA is expected to open to students on the Department of Education's  Federal Student Aid website on December 1, 2024. When completing the FAFSA, be sure to use Drexel's school Code: 003256.

Grant and Scholarship Opportunities

Drexel grant and scholarship opportunities for graduate students can be found below:

• Grants
• Graduate Scholarships

Additionally, graduate applicants should review private scholarship opportunities they may be eligible to utilize.

Benefits for Veterans

Drexel participates in programs that provide funding to veterans, their spouses, and dependents. Learn more about Veteran benefits.

View Your Financial Aid Status in Discover Drexel

Information during the entire financial aid process, including the status of your financial aid applications and a detailed list of any aid you may be offered, will be available on Discover Drexel, in the Financial Aid tab. Discover Drexel will also provide you with information about additional financing options you may be able to utilize to cover any costs not covered by financial aid, such as payment plans and private education loans. Once you submit your admission application to Drexel, you will be provided with login credentials for Discover Drexel. Admitted students also receive information about the financial aid that is being offered to them at the time of admission.

Requirements

You may notice a list of outstanding financial aid requirements in the Financial Aid tab of Discover Drexel. You should only begin completing these requirements after you have confirmed your enrollment with Drexel, unless Drexel Central advises you to complete one or more sooner.

Next Steps for Confirmed Students 

Your next step is to review the additional financing options available to graduate students. Once you have been registered for your first term by your advisor, you should familiarize yourself with Drexel's billing policies to be prepared for your first eBill.