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How to Apply for Aid

There are several different ways to apply for financial aid depending on what type of student you are. Below are the steps that outline the process:

Prospective Students

If you are thinking of applying to Drexel or have applied for admission and are also interested in applying for financial aid, please review the Financial Information for Prospective Students Web page.

Continuing Students 

Continuing students should take the following steps to apply for financial aid for subsequent years of their enrollment.

  • Review the Financial Aid Allocation page to understand how financial aid is disbursed in all years of a program.
  • U.S. Citizens and Permanent Residents should complete a Free Application for Federal Student Aid (FAFSA) for each year of their program. Information about completing a renewal FAFSA and deadlines can be found at All About the FAFSA Process.
  • There may be additional requirements or steps that a student must complete before their financial aid can be completed for an upcoming year. They should check the "Billing and Financial Aid" tab in their DrexelOne account to determine if they have additional requirements to complete.
  • Students should review the Terms and Conditions page to ensure that they are meeting all requirements for financial aid eligibility.
  • The Financial Aid Office will automatically review students' eligibility for merit scholarships automatically; if a student is determined to be not meeting the requirement for a scholarship or award, the student will be notified. 
  • Private Scholarships typically require separate applications that are submitted directly to the organization offering the award. Tools for finding private scholarships can be found at "All About Non-Drexel Scholarships".

Institutional Financial Aid Application

The Institutional Financial Aid Application is a requirement that online undergraduate and graduate students, Saturday Scholars, and Law Year 2 and 3 students are required to complete each year in order for their financial aid eligibility to be reviewed.

Starting with the 2016–2017 academic year, the application is completed online in either Discover Drexel or DrexelOne depending upon whether you are a new or continuing student. (For the 2015–2016 academic year, students should complete and submit the paper Institutional Financial Aid Application [PDF].)

Note that not all graduate programs require the completion of an Institutional Financial Aid Application; if your program does require this application, you will be notified by Drexel Central.

New and Prospective Students

For new students, the Institutional Financial Aid Application is completed via their Discover Drexel account.

  • Log in to Discover Drexel.
  • Navigate to the Financial Aid tab.
  • The Institutional Financial Aid Application will be listed in the "Financial Aid Information" section.
  • To complete the application, you will need to indicate the number of credits you are intending to enroll for in each term of the upcoming academic year (please note that you must enter a number in each field; if you will not be enrolled in a specific term, enter a zero into the space).
  • The certification statement regarding minimum per term enrollment eligibility for federal aid eligibility (6 credits for undergraduate, 4.5 for graduate students) must be read and checked.
  • To finalize the application, enter the last four digits of your Social Security number and your date of birth and hit submit.
  • Read the resulting message to ensure your information was submitted; if there are any issues with your submission, you may be directed to contact Drexel Central.
  • You can only submit this application once per year; if you need to update the enrollment information you submitted, contact Drexel Central.
  • Once your submission is received, the Financial Aid office can work to finalize your financial aid package.

Continuing Students

For continuing students, the Institutional Financial Aid Application is completed via their DrexelOne account.

  • Log in to DrexelOne.
  • Navigate to the "Billing and Financial Aid" tab.
  • The Institutional Financial Aid Application will be listed in the "Outstanding Requirements" channel.
  • To complete the application, you will need to indicate the number of credits you are intending to enroll for in each term of the upcoming academic year (please note that you must enter a number in each field; if you will not be enrolled in a specific term, enter a zero into the space).
  • The certification statement regarding minimum per term enrollment eligibility for federal aid eligibility (6 credits for undergraduate, 4.5 for graduate students) must be read and checked.
  • To finalize the application, enter the last four digits of your Social Security number and your date of birth and hit submit.
  • Read the resulting message to ensure your information was submitted; if there are any issues with your submission, you may be directed to contact Drexel Central.
  • You can only submit this application once per year; if you need to update the enrollment information you submitted, contact Drexel Central.

Accepting or Declining a Financial Aid Award Offer

Effective for the 2016–2017 year, the process for receiving financial aid awards requires that students electronically accept or decline Perkins, Subsidized and Unsubsidized Loans, and any Federal Work-Study funding offered to them; scholarships and grants are automatically accepted.

To complete this process:

  1. Log in to DrexelOne using your email address and account password.
  2. Select the "Billing + Financial Aid" tab.
  3. In the "Resources" channel click the "My Financial Aid Information" link.
  4. Click the "My Overall Status of Financial Aid" link.
  5. Select the Aid Year.
  6. Click the "Awarded" link in the third sentence.
  7. The following instructions will be listed for you to follow:

Options for Accepting/Declining your Award

Before you accept or decline your Financial Aid award, you should ensure that you understand the requirements for the awards you have been offered, which can be viewed at the Terms and Conditions page.

Please note that you are only required to accept or decline Perkins, Subsidized and Unsubsidized Loans, and Federal Work-Study Awards offered to you. All other awards are automatically accepted.

Options for Accepting/Declining Your Awards:

  • Note that you can only accept or decline the amount for the full year even though the term amount is displayed.
  • Use the drop-down menu next to each award to either accept or decline.
  • You can accept all of the awards easily by selecting the Accept Full Amount All button at the bottom of the page.
  • Once you have selected either of the buttons at the bottom of the page, you will not be able to change your decision.
  • You will remain on this page after you have submitted your decision.

Note: Medical Year 2–4 students are only required to accept or decline Federal Work-Study funding; their loans will be automatically accepted for them by Drexel.