Drake University Provided $29,904 in Grant/Scholarship to 100% Students in 2022

Average Grant & Scholarships

In 2022, 100 of freshman students at Drake University received on average $29,904 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

	Students Receiving Aid	Average Amount	Total Amount
Pell Grant	145	20%	$4,792	$694,844
Other Federal Grant	153	21%	$7,829	$1,197,762
State Grant/Scholarships	122	17%	$5,608	$684,188
Institutional Grant/Scholarships	737	100%	$27,350	$20,157,162
Total Grant & Scholarships	737	100%	$29,904	$22,039,112

Students Receiving Aid

Average Amount

Total Amount

Pell Grant

145

20%

$4,792

$694,844

Other Federal Grant

153

21%

$7,829

$1,197,762

State Grant/Scholarships

122

17%

$5,608

$684,188

Institutional Grant/Scholarships

737

100%

$27,350

$20,157,162

Total Grant & Scholarships

737

100%

$29,904

$22,039,112

	Students Receiving Loan	Average Amount	Total Amount
Federal Student Loans	356	48%	$5,294	$1,884,687
Private Loans	110	15%	$18,053	$1,985,821
Total Loans	379	51%	$10,212	$3,870,508

Students Receiving Loan

Average Amount

Total Amount

Federal Student Loans

356

48%

$5,294

$1,884,687

Private Loans

110

15%

$18,053

$1,985,821

Total Loans

379

51%

$10,212

$3,870,508

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

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Drake University

Average Grant & Scholarships

Average Student Loans

Financial Aid By Income Level

Yellow Ribbon Program

Post-9/11 GI Bill

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