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Financial Aid Programs and Financing Resources

The following funding opportunities are available to most master's level students. They are not available to MD or JD students. If you are interested in funding for MD or JD programs, please visit the Drexel Central website for more information, and feel free to contact Drexel Central if you have questions.

Drexel Scholarships and Grants

Drexel Dean's Fellowship and Dean's Award

The Drexel Dean's Fellowship and Dean's Award are non-need-based awards given on the basis of merit to full-time graduate students and covers a percentage of tuition costs. These awards are made by the Office of Graduate Admissions and require a minimum 3.0 cumulative GPA and full-time enrollment in order to continue for future years. Learn more about merit scholarships.

Drexel Grad Grant (On-campus Applicants Only)

The Drexel Grad Grant is available to graduate applicants who are undergraduate Drexel alums. The grant pays $100 per credit hour for which you are enrolled for during the first four consecutive quarters of your graduate program. Review more information about this grant.

Drexel-Kaplan Graduate Degree Advantage Program

Any student who enrolls in a Drexel graduate school program after taking a Kaplan preparation course for the GRE or GMAT will receive tuition credit equal to the amount paid for the Kaplan preparation course. Students who have participated in Kaplan's private tutoring sessions in preparation for the GRE or GMAT within two years of being admitted to Drexel are eligible to receive a tuition credit of up to $1,200.

In order to be considered for the Drexel-Kaplan Tuition Grant, you will need to present your original receipts for the Kaplan course or tutoring session to the Office of Graduate Admissions prior to enrollment.

Teaching, Research, and Graduate Assistantships

Drexel awards highly qualified students financial assistance in the form of teaching, research, or graduate assistantships. If you are offered an assistantship, you will be required to perform specific work assignments within the University. Both U.S. and non-U.S. Citizens are eligible and must be enrolled as full-time graduate students. Most Drexel graduate programs require the GRE for these positions. Not all programs offer assistantships.

Most programs require interested students to complete their admission applications by January 1 to be considered. You can review more information about teaching, research, and graduate assistantship opportunities online, contact your department, or contact the Office of Graduate Admissions at 215.895.6700.

Drexel Undergraduate Class of 2020 Scholarship

Any Drexel undergraduate senior (on campus or online) who is graduating in the 2019–2020 academic year (fall 2019 through summer 2020) is eligible for a scholarship covering 50 percent of the tuition cost for any participating graduate program. Undergraduate seniors will need to apply and be accepted to participating Drexel graduate programs to be eligible for the scholarship. Please note that some graduate programs may cap enrollments based on capacity. Specific requirements are based on individual colleges and programs, and are available by contacting the department. View the list of programs eligible for the Drexel Undergraduate Class of 2020 Scholarship.

Federal Financial Aid

Federal Loans

The Department of Education offers two types of loans for graduate students: Direct Unsubsidized Loan and Direct Graduate PLUS Loan. Learn more about these Federal Direct Loan programs.

Federal Work-Study

The Federal Work-Study program at Drexel is designed to promote the part-time employment of students who have demonstrated financial need upon completion of the Free Application for Federal Student Aid (FAFSA). Employment under the Federal Work-Study program is awarded as part of the financial aid package. Learn more about the Federal Work-Study program.

Alternative Financing Options

Payment Plan

Drexel offers a monthly installment payment plan for graduate students for each term. The plan allows you to make monthly payments for a portion or all of your balance due for a given term. Each payment plan requires an application fee. View payment plan schedules and learn more.

Employer Assisted Tuition Deferred Payment Plan

Drexel University's Employer Reimbursement Plan is designed for students whose employers offer reimbursement for tuition charges. It allows graduate students to defer their tuition payments to Drexel until 30 days after the term has been completed. Learn more about employer reimbursement plans.

Benefits for Veterans

There are a number of benefits available to veterans, including the Yellow Ribbon Program. As part of its participation in the new GI Bill's® Yellow Ribbon Program, Drexel has committed $2 million to offer free education to an unlimited number of eligible military veterans and their dependents across all of the University's full- and part-time undergraduate, graduate, doctoral, and professional programs — both on campus and online. Learn about educational benefits for veterans and Drexel's Veteran Award.

Private Scholarships and Grants

You may be eligible for a specialized scholarship or grant from an outside organization. Some sources to explore include employers, unions, professional organizations, and community and special-interest groups. View a list of recommended free scholarship search engines.