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J. F. Drake State Community and Technical College Financial Aid Details

90% Freshmen Get Financial Aid
$4,961 Average Grant & Scholarship
81% Undergrads Get Grant Aid

A large number of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to J. F. Drake State Community and Technical College can seem overwhelming, but bear in mind that many students are given some form of financial aid.

Just what financing solutions does Drake State provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.

Understanding Drake State Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from J. F. Drake State Community and Technical College.

Financial Aid for First-Year Students at J. F. Drake State Community and Technical College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Among first-time, full-time freshmen at J. F. Drake State Community and Technical College, 90% of entering full-time freshmen got some type of financial assistance around 87 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$8,245
Institutional grants & scholarships13%$4,277
Federal Pell grants79%$7,567
State/local grants7%$478
Federal student loans0%

Free Money: Grants and Scholarships at J. F. Drake State Community and Technical College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 81% of undergraduate students received gift aid averaging $4,961 (covering around 817 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)81%$4,961
Federal Pell grants44%$6,967
Federal student loans0%

On-campus students receiving title-IV aid were awarded grants averaging $8,451.

Aid by Income Level at J. F. Drake State Community and Technical College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$4,126
$30,001 – $75,000$5,506
Over $75,000$7,856

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at J. F. Drake State Community and Technical College

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$6,005
Off-campus title-IV students$4,644

For a personalized estimate based on your family’s financial situation, use Drake State’s official net price calculator: drakestate.edu/wp-content/uploads/NetPriceCalculator.html.

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Drake State.

Veteran and Military Aid at J. F. Drake State Community and Technical College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients25
Total GI Bill amount$93,567
Average GI Bill amount per recipient$3,743

References

More about our data sources and methodologies.

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