Understanding Drexel University Graduate Tuition: A Comprehensive Guide
Embarking on a graduate program is a significant investment in your future, and understanding the financial aspects is crucial. Drexel University, renowned for its innovative programs and co-op opportunities, offers a wide range of graduate degrees across various disciplines. However, the cost of tuition can vary significantly depending on factors such as the program, format (online vs. on-campus), and student status (full-time vs. part-time). This guide provides a detailed breakdown of Drexel University graduate tuition, helping you make an informed decision.
1. Tuition Structure: Key Components
Drexel University’s graduate tuition is typically charged on a per-credit basis, with some programs offering flat-rate tuition for full-time students. Below are the primary components to consider:
Per-Credit Tuition
- Most Programs: 1,000–1,800 per credit (varies by college and program).
- Example: The College of Engineering charges approximately 1,500 per credit, while the LeBow College of Business may range from 1,200–$1,400 per credit.
Flat-Rate Tuition
- Some programs, especially those designed for full-time students, offer a flat tuition rate per term.
- Example: The Master of Science in Data Science program charges a flat rate of $28,000 per academic year for full-time students.
Online vs. On-Campus Tuition
- Online programs often have a standardized per-credit rate, while on-campus programs may vary.
- Example: The online Master of Business Administration (MBA) costs $1,200 per credit, while the on-campus MBA may differ based on additional fees.
2. Tuition by College and Program
Drexel’s tuition rates are tailored to each academic college and program. Here’s a snapshot:
| College/Program | Per-Credit Tuition (Approx.) | Notes |
|---|---|---|
| College of Engineering | $1,400–$1,600 | Varies by program (e.g., Electrical Engineering, Mechanical Engineering) |
| LeBow College of Business | $1,200–$1,400 | MBA and specialized programs may differ |
| College of Computing & Informatics | $1,300–$1,500 | Includes programs like MS in Data Science and MS in Software Engineering |
| Dornsife School of Public Health | $1,200–$1,400 | MPH and DrPH programs |
| College of Medicine | $1,600–$1,800 | MD and graduate medical programs |
3. Additional Fees and Costs
Beyond tuition, graduate students at Drexel should budget for the following:
- General University Fee: 100–200 per term (covers student services and activities).
- Technology Fee: 50–100 per term (for access to software and resources).
- Health Insurance: Approximately 2,500–3,000 per year (waivable if you have alternative coverage).
- Books and Supplies: 500–1,000 per term (varies by program).
- Housing and Living Expenses: On-campus housing ranges from 6,000–12,000 per year, while off-campus living in Philadelphia averages 10,000–15,000 annually.
4. Financial Aid and Scholarships
Drexel offers several avenues to offset tuition costs:
Scholarships
- Merit-Based Scholarships: Awarded based on academic performance, GRE/GMAT scores, and professional experience.
- Program-Specific Scholarships: Certain programs, like the MBA, offer scholarships ranging from 5,000–20,000 per year.
Assistantships
- Teaching Assistantships (TA): Typically include a stipend (15,000–25,000 per year) and tuition remission.
- Research Assistantships (RA): Offered in STEM fields, with stipends and tuition waivers.
Loans and Grants
- Federal loans (e.g., Direct Unsubsidized Loans, Grad PLUS Loans) are available for eligible students.
- External grants and fellowships may be accessible through organizations like the National Science Foundation (NSF).
5. Return on Investment (ROI)
Drexel’s graduate programs are designed to provide a strong ROI, particularly through its renowned co-op program. For example:
- Co-op Experience: Students gain 6–18 months of paid work experience, often earning 20,000–50,000 during their program.
- Career Outcomes: Graduates from programs like the MS in Computer Science report median salaries of 100,000–120,000 within 5 years of graduation.
6. Tips for Managing Tuition Costs
- Compare Programs: Research tuition rates across similar programs at Drexel and other universities.
- Apply Early: Many scholarships and assistantships are awarded on a first-come, first-served basis.
- Explore Employer Tuition Reimbursement: Many employers offer tuition assistance for graduate studies.
- Consider Online Programs: Online programs often have lower fees and provide flexibility for working professionals.
7. Frequently Asked Questions (FAQ)
What is the average cost of a master’s degree at Drexel?
+The average cost ranges from $30,000–$60,000, depending on the program and number of credits required.
Does Drexel offer tuition discounts for online students?
+Online programs often have standardized per-credit rates, but additional fees may be lower compared to on-campus programs.
Can international students receive financial aid?
+International students are eligible for merit-based scholarships and assistantships but cannot access federal loans.
How does Drexel’s co-op program impact tuition costs?
+Co-op earnings can offset tuition costs, and students often graduate with reduced debt due to work experience.
Conclusion
Drexel University’s graduate tuition reflects its commitment to providing high-quality education and career-ready skills. By understanding the tuition structure, exploring financial aid options, and leveraging opportunities like co-ops, students can maximize their investment. Whether you’re pursuing a degree in engineering, business, or public health, Drexel offers a pathway to success—with the right planning and resources.
For the most accurate and up-to-date information, visit Drexel’s official website or contact the Office of Graduate Admissions directly.
