Drake offers federally funded loans and private loan sources.
The Federal Perkins Loan and Federal Stafford Loans are federally-funded loan programs. Federal Perkins Loan funding is limited and is awarded on a priority basis. You will indicate acceptance of the loan on your financial aid award letter. In addition, a Rights and Responsibilities, Personal Data Sheet and a Promissory Note must be returned before the loan can be credited to your student account. These materials will be mailed to you shortly before the school term begins.