The Office of Financial Aid is responsible for the administration of federal, state, and institutional aid programs designed to help address the issues of affordability and access for students attending the University. These programs can be grouped into two major categories: 1) need-based, and 2) non-need-based sources of aid.
Need-based programs require the official determination of financial need based on the review of a student’s/family's income and assets. Familiar need-based programs include:
- Federal Pell Grant, PHEAA Grant, Drexel Grant
- Federal Work-Study
- Federal Direct Subsidized Loan
Non-need-based programs do not require financial need, but may require some other type of student qualification. Familiar non-need-based programs include:
- Merit-, Athletic-, and Talent-based Scholarships
- Graduate Assistantships and Fellowships
- Federal Direct Unsubsidized Loan
- Federal Direct PLUS Loans
The Office of Financial Aid is responsible for assuring compliance with all Federal Title IV laws and regulations that govern the aid programs in which the University participates. Minimizing risk to the University is of prime concern, and one that requires the assistance from our many partners across the campus community.