Presidential Scholarships

Presidential Scholarships are merit-based awards offered by Drake University to all full-time undergraduate students admitted directly from high school. The scholarships range from $27,000 to $35,000 per year and are automatically awarded to 100% of eligible first-year students. These scholarships are renewable for up to four years total or until a Bachelor's degree is earned, whichever comes first. Students must enroll in at least 12 credit hours per semester and maintain satisfactory academic progress to retain the scholarship. In some cases, Presidential Scholarships may be funded through gifts from Drake University's generous benefactors, and recipients are notified if they are honored in this way. The scholarship is designed to make Drake University more accessible to incoming students and support their undergraduate education throughout their college career.