Annual College Costs ( Fall 2006 )

Financial Aid Statistics

• Full-time freshman enrollment: 809
• Number who applied for need-based aid: 691
• Number who were judged to have need: 532
• Number who were offered aid: 532
• Number who had full need met: 175

• Average percent of need met: 88%
• Average financial aid package: $17,839
• Average need-based loan: $4,783
• Average need-based scholarship or grant award: $11,768
• Average non-need based aid: $9,638
• Average indebtedness at graduation: Not reported

Financial Aid Distribution

• Scholarships / grants: 52%
• Loans / jobs: 48%

Drake University Presidential Scholarship; $5,000-$9,000; based on academic merit and awards; unlimited available. National Alumni Scholarship Competition; 6 full-time tuition, room and board and 10 full-time tuition scholarships; available to top students.

Financial Aid Forms

Domestic first-year financial aid applicants must submit the following forms, if applicable:

• FAFSA

Contact Information

Financial Aid Office phone: (515) 271-2905

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