<p>Sacchi is right, you can’t assume you will get the average financial award. But you can learn quite a bit about the relative generosity of the schools by looking at the financial aid statistics which are available at [University</a> of Pittsburgh Tuition, Costs and Financial Aid - CollegeData College Profile](<a href=“http://www.collegedata.com/cs/data/college/college_pg03_tmpl.jhtml?schoolId=85]University”>University of Pittsburgh Tuition | CollegeData) and [Drexel</a> University Tuition, Costs and Financial Aid - CollegeData College Profile](<a href=“http://www.collegedata.com/cs/data/college/college_pg03_tmpl.jhtml?schoolId=407]Drexel”>http://www.collegedata.com/cs/data/college/college_pg03_tmpl.jhtml?schoolId=407)</p>
<p>Drexel meets 56% of need on average and fully met the need of 31.3% of undergrads.
Pitt meets 76% of need on average and full met the need of 41.1% of undergrads.
What This Means: Drexel students have more unmet financial need (that’s money that has to come out of your pocket one way or another).</p>
<p>At Drexel, 73% of students took out loans, and the average indebtedness at graduation is not reported (which could itself be a bad sign).
At Pitt, 63% of students took out loans, and the average indebtedness at graduation was $26,612. I would be very surprised if Drexel’s figure was lower than that.</p>
<p>I couldn’t find Drexel’s debt figure anywhere, but I did see an 2010 article from Forbes that said Drexel had the HIGHEST student debt of ALL colleges.</p>
<p>"But it’s typically not the graduates of the most selective colleges who pay the highest prices to attend. Students at Drexel University, a science-heavy school in Philadelphia, incur the most debt: an average of $53,432 for graduates of 2004-2008, according to data compiled for Forbes by the Center for College Affordability and Productivity, a partner in Forbes’ annual college rankings. "
[Deep</a> In Debt - Forbes.com](<a href=“http://www.forbes.com/2010/08/01/student-loan-financial-aid-opinions-colleges-10-debt.html]Deep”>Deep In Debt)</p>
<p>Whether your own cost to attend will be lower at Pitt vs Drexel will depend on your family’s financial circumstances, but unless you are very low income, it’s likely that Pitt will cost you less.</p>
<p>At Pitt, the four-year graduation rate is 60.9%. Five-year is 76.1% Six-year is 78%
At Drexel, the four-year rate isn’t on COLLEGEdata, but I looked it up at NCES (government) web site. It’s 23%. The six-year rate is only 67%.
This is a huge factor. There is no way for there to be an up side to a lower graduation rate. More years to graduate means higher cost. </p>
<p>Drexel may still be the right school for you, but it’s important to be aware of potential issues and hidden costs. I would definitely follow up with Drexel about the graduation rates and indebtedness of students in the program you’re interested in.</p>
<p>Good luck!</p>