Depending on the program and site, a semester or year abroad with a Drake-affiliated program is comparable in cost for tuition, room, and board to a semester or year at Drake.
Financial aid is available for study abroad, and the Office of Student Financial Planning reviews each student's package individually. Drake University grants and scholarships awarded to a student are limited to 50% for study abroad on a Drake affiliated provider and 100% for an exchange program and for two semesters only. All other financial aid (i.e., federal grants and loans, outside scholarships) can be awarded as allowable at 100%.
Supplemental study abroad scholarship money is available to students demonstrating exceptional financial need, as funds allow. Students who receive a Federal Pell Grant may also be eligible to receive a supplemental Study Away scholarship from Drake. These scholarships are awarded automatically to eligible students and do not require a special application process.
To receive Drake aid, all students except graduating seniors are expected to re-enroll at Drake for at least one semester after their term abroad. Students who do not return to Drake are expected to refund the university for any Drake aid received while studying abroad.
These scholarships are designed to enable students to reach their full potential as responsible global citizens. All five scholarships are need based, but have slightly different selection criteria. Scholarship descriptions and the application process can be found here.
Other Study Abroad Aid
Many Drake-affiliated study abroad programs also offer their own financial assistance. These may be need- or merit-based awards and require a separate application often with an earlier application deadline than the study abroad program itself. Therefore, early planning can pay off. Ask for information in the Study Abroad Office.
Gilman Scholarship—sponsored by the Department of State and provides awards for undergraduate students who receive Pell grants as part of their financial aid package.
Boren Scholarship—sponsored by the National Security Education Program and provides up to $20,000 to study a language or area that has been deemed critical to US foreign interests.
German Academic Exchange Service—Administered by the German Government, this program provides short and long-term scholarships for Americans wanting to go to Germany. This includes internship exchanges in science labs, the German Bundestag (Congress), and journalistic areas
The Education Abroad is turning 20 this year! To celebrate 20 years of students studying and interning abroad with us, we've teamed up with our partners to bring you the "20 for 20" scholarship program. We have 20 scholarships for both semester and summer study abroad programs across the Asia Pacific to encourage even more students to study abroad. One lucky applicant will also receive a full ride from TEAN to a program of their choice that includes tuition, program fees, housing and airfare to study abroad in 2016. Since 1995, TEAN has been deeply committed to giving students an once-in-a-lifetime opportunity to experience study abroad in a new and exciting culture. We look forward to celebrating this milestone with you.
Check here for more information: 20 for 20
These programs cannot be applied toward study abroad. Please meet with Student Financial Planning if you have questions.
Under normal circumstances, Drake University financial aid cannot be used to support study in a country where the State Department has issued a travel warning. Exceptions may be granted by the Provost after consultation with the Risk Assessment Committee.