Drexel University is a private research university located in Philadelphia, Pennsylvania. Founded in 1891, it is classified as an R1 institution, indicating high research activity. Unlike public universities, which receive state funding, Drexel operates independently and relies on tuition, endowments, and private donations.
The university is known for its cooperative education program, integrating academic study with professional experience. While public universities often have lower tuition for in-state students, Drexel’s private status means consistent tuition rates for all students, though financial aid options are available. Its governance and funding structure align with other private institutions in the U.S.