All About Need-Based Grants
The federal Pell Grant is a need-based award available to students pursuing their first bachelor's degree. Eligibility is based upon your EFC and enrollment status. You're automatically reviewed for the Pell Grant once Drexel receives your FAFSA.
The annual maximum amount of the Pell Grant available is subject to change year-to-year by the Department of Education. The maximum Pell Grant available for the 2013-2014 academic year is $5,645.00, which requires a student to have a $0 EFC and be enrolled full-time for all terms within their academic year.
Federal Supplemental Educational Opportunity Grant
The Federal SEOG Grant is a need-based award provided by the Department of Education. Students selected for SEOG will demonstrate significant financial need. You are automatically reviewed for the SEOG award when your financial aid package is being created.
To be eligible for the SEOG Grant, you must have significant financial need as determined by your EFC, be an undergraduate student who is receiving a Pell Grant. The amount of SEOG funding Drexel receives from the Department of Education is subject to change year-to-year. As part of the Budget Control Act of 2011, also known as the "Sequester", the amount of SEOG funding Drexel will receive for the 2013-2014 has been significantly reduced. Accordingly, Drexel is awarding SEOG for the 2013-2014 academic year to students with the most financial need.
Pennsylvania Higher Education Assistance Association (PHEAA) Grants
PHEAA offers need-based grant funding to Pennsylvania residents who are pursuing their first bachelor's degree at a higher education within the state. Eligibility is based upon your financial information submitted on their FAFSA, your enrollment and campus location.
Only students in face-to-face programs, who are enrolled at least part-time (6 credits a term) and meet the Pennsylvania residency requirements will be considered by PHEAA for a grant. Drexel will receive an estimated grant amount for all students who meet the initial eligibility requirements. Final determinations of grant amounts are made by Drexel in coordination with PHEAA's guidelines once the Pennsylvania state budget has been finalized.
PHEAA does not allow students to receive PHEAA Grants for terms they are on co-op. Depending upon your co-op cycle, for years in which you are scheduled to be on co-op you may receive a pro-rated amount of PHEAA funds for the fall, winter or spring terms you are in classes.
Summer quarter is considered an extra term by PHEAA and therefore undergraduate students who take classes during summer may be eligible for an additional Summer PHEAA Grant. This additional grant is based upon a separate application that must be filed with PHEAA.
Additional information about this award can be found at the PHEAA web site.
State Scholarship Programs
Some students from outside of Pennsylvania may receive funds from their state scholarship programs that can be used at Drexel University. Currently, students living in Connecticut, Delaware, the District of Columbia, Maine, Massachusetts, New Hampshire, Ohio, Rhode Island, Vermont, and West Virginia may use their state scholarships at Drexel University. To apply for a state scholarship, contact your state financial aid agency (call 1-800-433-3243 to get the telephone number and address of your state agency) for program requirements and application procedures. When you receive an eligibility notice from your state program, you should submit it to Drexel Central.
Drexel University Endowed Grant
Drexel's main need-based institutional funding is the DU Endowed Grant. All full-time undergraduate students who file a FAFSA are automatically considered for a DU Endowed Grant once their FAFSA is received. Eligibility for a DU Endowed Grant is determined when your first financial aid package is created.
DU Endowed Grants pay towards tuition costs only and may be renewable each year of your undergraduate program provided you:
- File a renewal FAFSA by May 1st
- Maintain full-time enrollment
- Meet all SAP requirements
While this award may be renewed, the exact amount of the grant is subject to change year-to-year.
The DU Endowed Grant is often awarded as a placeholder for funds from donors and special sources that become available later in the year. As such, your DU Endowed Grant may be replaced partially or in-full by a Named Endowed Grant or Scholarship. If this happens, you will be notified by Drexel Central and requested to complete a Thank You Letter to the donor.
Named Endowed Grants and Scholarships
A named endowed grant or scholarship is financial aid that is available from a donor or donors to the university. The Office of Institutional Advancement collaborates with existing and potential donors to help raise funding for grants and scholarships.
Most often, the donor of a fund will determine the eligibility requirements for students to receive their scholarship or grant. Drexel will work to ensure that all endowed grants and scholarships are distributed equitably and meet the wishes of a donor.
If you receive an endowed grant or scholarship, you will be notified by Drexel Central and asked to submit a Thank You Letter for the donor.
Scholarship for Disadvantaged Students
Drexel University has been awarded grants from the Department of Health & Human Services for the 2013-14 academic year to assist graduate students financially in the Physician Assistant and Couples and Family Therapy programs. The Scholarship for Disadvantaged Students is designed to assist graduate students in these programs with exceptional financial need, and who may come from a disadvantaged background. In order to be considered for this scholarship, the student must provide FAFSA data for both the student and the parents.
If you have already filed your 13-14 FAFSA without parental information you may update the FAFSA on line at www.fafsa.ed.gov. The student can document independence from the parents by submission of the parents’ last 3 years tax returns verifying the student has not been claimed as a dependent. This is accomplished by submission of the tax transcript for the last three years. In this case the student will not be required to update the current FAFSA with parental data. You may request the transcript from the IRS website.
Consideration for the scholarship will be given to student who have provided the parental information and meet the following criteria:
Disadvantaged Definitions: An individual from a disadvantaged background is defined as someone who:
An individual from a disadvantaged background is defined as someone who:
(A) [Part I - educational/environmental] comes from an environment that has inhibited the individual from obtaining the knowledge, skills, and abilities required to enroll in and graduate from a health professions school, or from a program providing education or training in an allied health profession;
(B) [Part II - economic] comes from a family with an annual income below a level based on low-income thresholds according to family size published by the U.S. Bureau of the Census, adjusted annually for changes in the Consumer Price Index, and adjusted by the Secretary of Health and Human Services for use in health professions and nursing programs.
Student awards can only go to disadvantaged students as defined above; the student must be enrolled and accepted into a degree program and must be a full-time student during the course of the year funded and in good academic standing.
Please feel free to contact the staff at Drexel Central should you have any questions.