Drexel Financial Aid

About Drexel University
Drexel University is a prominent university located in Philadelphia, Pennsylvania. It is a private research institute that was established in 1891. Students can enroll in more than 70 undergraduate and accelerated degree programs at this institute. Also, DU offers over 100 masters, Phd as well as professional programs. Other than pursuing full time courses, students can also choose to enroll in part time programs.

Drexel Financial Aid
Drexel financial aid includes wide array of funds that are designed to help students pursue different education programs at this prestigious institute. Since university education is a major expense for a number of families, DU offers a wide array of financial aid choices to students at all levels. Undergraduate, graduate, as well as professional students can avail Drexel University financial aid in the form of student loans, scholarship, grants as well as work study programs.

Types of Drexel Financial Aid
Grants are one of the most popular Drexel financial aid packages. Students in grant programs get free money for their studies which mean that they do not have to return the amount they receive. Federal loans programs can also be a great choice as these programs have a fixed rate of interest which makes them easier to repay. Work-study programs also make a good choice for students who want money for college. If students cannot meet the complete cost of their education through the Drexel financial aid, they can apply for private student loans. This option is always great to fill the gap between what a school can offer and the total cost of attendance.

Applying for Drexel Financial Aid
Drexel application for financial aid is very simple. Getting in touch with the financial aid office at this institute can be very helpful in this regard. The staff is always there to assist the students about the details of different financial aid choices they can benefit from. Just like other schools, it is vital to complete the Free Application for Federal Student Aid (FAFSA) form to apply for financial aid. The information provided in this form enables the financial aid office to know which aid packages a student is eligible for.

Frequently Asked Question(s)

Q:How can I get assistance from drexel financial aid office?

A:In order for you to get assistance from Drexel financial aid office you should fill out the FAFSA form. The information you provide on this form allows the university to understand your financial need and formulate an aid package accordingly. The aid package can consist of scholarships, grants, loans and work study arrangements.

Q:Were the terms and conditions for getting Drexel university financial aid changed or updated recently?

A:Yes the policy regarding students getting financial aid from the Drexel University was revised last year in 2011 and as of July 1, 2011 as imposed by the Higher Education Opportunity Act (HEOA) the Satisfactory Academic Progress (SAP) policy has come into effect. According to the SAP policy students requiring financial aid will need to maintain a minimum passing GPA and number of credits earned. It is important for Drexel students to be know of these changes.

Q:What is the eligibility for Drexel Financial Aid programs?

A:To learn about the eligibility requirements, it is recommended that you visit the official web page for Drexel University financial aid. These requirements may vary from program to program. Some loans and scholarships may be need based while others may be merit based. Browse further for more information regarding financial aid.

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