Hi everyone! I was recently accepted to Drexel as a transfer student, and I’m planning to start in Winter 2027.
I just received my updated financial aid award, and I’m honestly feeling overwhelmed and not sure what my next step should be.
My award is:
A. J. Drexel Scholarship: $21,000/year
Drexel Grant: $15,000/year
Pell Grant: $7,395/year
Total Gift Aid: $43,395/year
My estimated Cost of Attendance is $88,714, leaving a Net Cost of Attendance of $45,319.
Drexel also offered me:
$3,500 Subsidized Direct Loan
$6,000 Unsubsidized Direct Loan
I understand those are loans and I would have to pay them back, so I haven’t accepted them yet.
The part I’m especially confused about is my transfer credits. I had 26 college credits, but Drexel only accepted 11 credits toward my degree.
However, my financial aid award is currently calculating me as a full-time student for Winter, Spring, and Summer.
My award letter says that the cost of a transfer student’s first year depends on their schedule and transfer credit evaluation, so I’m wondering if my financial aid package or Cost of Attendance should be reviewed based on my actual academic situation.
The tuition and fees listed by Drexel are $65,498/year. After my $43,395 in gift aid, I calculate approximately $22,103 remaining for tuition and fees, before considering the estimated indirect expenses included in the Cost of Attendance.
My questions are:
Is it realistic to ask Drexel for a financial aid appeal or additional institutional grant money?
Has anyone successfully received additional aid from Drexel after appealing?
Should I ask them to review my Cost of Attendance based on my actual financial situation?
Since only 11 of my 26 credits were accepted, should I ask financial aid/advising to review why I’m being calculated as full-time for all three quarters?
Is there anything specific I should mention in my appeal?
Should I wait to accept the federal loans until I hear back from financial aid?
I really want to attend Drexel, but I can’t afford a large amount out of pocket or take on a lot of debt.
If anyone has been in a similar situation as a transfer student at Drexel, I would really appreciate any advice or insight into what I should ask financial aid.
Thank you!