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The Financial Aid Process

Full-time Undergraduate Applicants

Choosing the right school means making sure it has an academic program that will challenge and inspire you; 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 family fully understands and takes advantage of all the financial resources available.  

What is Drexel's Cost of Attendance?

So how much does an investment in a Drexel education cost? Take a look at the breakdown of the average first-year costs at Drexel.

Your First-Year Costs

During your first year at Drexel, you will attend classes for three quarters: fall, winter, and spring. The enrollment plan for transfer students may be different depending on their transfer credit evaluation. Below are the estimated costs of tuition, fees, and average room and board for the 2019–2020 academic year:

Tuition  $52,146 
Fees  $2,405
Room and Board  $14,241 

These numbers reflect the estimated cost of attendance prior to any financial aid being applied.

In the 2018–2019 academic year, Drexel offered financial support to 99.9% of its incoming students; the average scholarship and grant aid offered to freshmen was $30,732, while the average offered to full-time transfer students was $17,611. These amounts include federal, state, and institutional aid. 

Please note for ACE applicants: View the ACE Cost of Attendance page for information specific to the ACE program.

Your Costs After the First Year

Your subsequent yearly costs will be determined by your enrollment for each term. If you are:

  • Enrolled in classes – you will be billed for tuition, University fees, and possible room and board.
  • Enrolled in co-op – you will not be billed for tuition, but you will be billed for University fees and possible room and board.

Your enrollment depends on which co-op option you choose as part of your academic curriculum. Watch our Understanding Co-op video below for more information.

Learn more about our co-op program.

Other Costs You Should Consider

It's important to remember that there may be other costs to consider during your education. Some of these include books, which vary by program, a computer for personal use, transportation, and miscellaneous personal costs. These other costs are taken into consideration when Drexel reviews your financial aid eligibility.

Net Price Calculator

We invite prospective full-time first year students and their parents to use the following calculator as they plan for college. The information you provide will generate an estimated award eligibility with the following limitations and caveats:

  • The net price calculator is only intended for use by first-time undergraduate domestic students and their families. International students should not use this calculator.
  • Estimates are based on 2019–2020 cost of attendance figures and student aid eligibility requirements. Future costs and financial aid estimates are subject to change.
  • Estimates are not an indication of a student's admissibility.

Launch the Net Price Calculator.

Applying for Financial Aid

Here are the steps we recommend for applying for financial aid:

CSS Profile – All Applicants

Drexel requires the CSS Profile from both domestic and international applicants in order for applicants to be considered for Drexel need-based grant funding. This electronic application is provided by the College Board and gives Drexel an overview of your family's finances. Depending upon your parent's marital status, you may also need to complete a CSS Profile for your noncustodial parent. You can review detailed information about this process on Drexel Central's How to File the CSS Profile page

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

The FAFSA is used to determine your eligibility for federal and state grants, work-study, and federal loans. The 2019–2020 FAFSA can be completed online starting October 1, 2018. Visit Drexel Central's How to File the FAFSA page for more information about this application.

Scholarship Opportunities

Once your admission application has been received, you are automatically considered for Drexel merit scholarships; but there are also Drexel and private scholarship opportunities that you may be eligible for that may require additional steps. Learn more about scholarship and grants.

CSS Profile and FAFSA Deadlines

  Early Action/Early Decision Regular Decision Transfer
CSS Profile* November 15 February 15

1 month prior to the start of the term

Please note: Transfer students starting in the spring need to submit the CSS Profile prior to March 15, the date the CSS Profile closes.

CSS Profile for Noncustodial Parents November 17 February 17 N/A
FAFSA (Priority Deadline)  February 15  February 15  No deadline (recommend filing as soon as you apply for admission) 

*If you are from Iran, you cannot complete the CSS Profile. Instead, you should submit the International Student Financial Aid Application (ISFAA) according to the CSS Profile deadlines (the 2019–2020 ISFAA will be available in October of 2018). Visit Drexel Central's How to File the CSS Profile page for more information.

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 via 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 the Direct Parent PLUS Loan, 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 will 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.

Appeals

Drexel University strives to offer the most comprehensive financial aid package possible based upon all of the information we receive about your family. However, we recognize that sometimes, even with a complete admission application, CSS Profile and FAFSA, we may not know the whole story. If, after reviewing your financial aid package, you still would like Drexel to consider your additional circumstances, you can submit an appeal for reconsideration. Visit the Financial Aid Appeals for Admitted and Confirmed Students page for more information.

Next Steps for Confirmed Students

In order to be prepared to attend Drexel, review the helpful New Student Financial Checklist for a breakdown of next steps you should complete. We encourage you and your family to review this information together.

Applying to Drexel

Learn about Drexel's three admission plans, two financial aid applications we use, and respective deadlines for each.

Scholarship and Grant Opportunities at Drexel

There are different types of gift aid — scholarship and grants — that Drexel offers full-time undergraduate students.