2,808 students (97% of total 2,902 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Drake University. The average amount of the aid awarded is $29,576.

For the first-time, full-time beginning students (freshmen), 100% of total 787 enrolled students have received any kind of financial aid and its average amount of aid received is $31,274.

All Undergraduate Financial Aid

At Drake University, 2,808 undergraduate students (97% of total 2,902 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $29,576.

Financial Aid Statistics (All Undergraduate Students) - Drake
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,80897% $83,049,706$29,576
Pell Grants55819% $2,661,520$4,770
Federal Student Loan1,37647% $8,774,904$6,377

Beginning Undergraduate Students (Freshmen) Financial Aid

785 beginning undergraduate students (100% of total 787 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Drake University. The average amount of aid received is $31,274.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Drake
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid785100% --
Grants or Scholarships785100%$24,549,851$31,274
Federal Grants40451%$1,736,595$4,299
Pell Grants17222%$832,701$4,841
Other Federal Grants40451%$903,894$2,237
State/Local Grants11314%$750,359$6,640
Institutional Grants785100%$22,062,897$28,106
Student Loan Aid41252%$3,688,793$8,953
Federal Student Loans40752%$2,160,734$5,309
Other Student Loans9011%$1,528,059$16,978

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