diff --git a/doc/classes/EditorSettings.xml b/doc/classes/EditorSettings.xml
index 3ff97c399e..b6fe3b6363 100644
--- a/doc/classes/EditorSettings.xml
+++ b/doc/classes/EditorSettings.xml
@@ -1366,6 +1366,9 @@
 		<member name="text_editor/appearance/caret/type" type="int" setter="" getter="">
 			The shape of the caret to use in the script editor. [b]Line[/b] displays a vertical line to the left of the current character, whereas [b]Block[/b] displays an outline over the current character.
 		</member>
+		<member name="text_editor/appearance/drag_and_drop_info/show_drag_and_drop_info" type="bool" setter="" getter="">
+			If [code]true[/code], shows an info label listing available drop options when dragging an object into the script text editor.
+		</member>
 		<member name="text_editor/appearance/enable_inline_color_picker" type="bool" setter="" getter="">
 			If [code]true[/code], displays a colored button before any [Color] constructor in the script editor. Clicking on them allows the color to be modified through a color picker.
 		</member>
diff --git a/editor/script/script_text_editor.cpp b/editor/script/script_text_editor.cpp
index 780753403a..217a25a00b 100644
--- a/editor/script/script_text_editor.cpp
+++ b/editor/script/script_text_editor.cpp
@@ -54,6 +54,7 @@
 #include "scene/gui/menu_button.h"
 #include "scene/gui/rich_text_label.h"
 #include "scene/gui/split_container.h"
+#include "scene/resources/style_box_flat.h"
 
 void ConnectionInfoDialog::ok_pressed() {
 }
@@ -296,6 +297,14 @@ void ScriptTextEditor::_load_theme_settings() {
 		folded_code_region_color = updated_folded_code_region_color;
 	}
 
+	Ref<StyleBoxFlat> drag_info_sb = drag_info_label->get_theme_stylebox(CoreStringName(normal));
+	drag_info_sb->set_bg_color(EDITOR_GET("text_editor/theme/highlighting/completion_background_color"));
+	Color info_color = EDITOR_GET("text_editor/theme/highlighting/text_color");
+	info_color.a = 0.5f;
+	drag_info_sb->set_border_color(info_color);
+	info_color.a = 0.7f;
+	drag_info_label->add_theme_color_override(SceneStringName(font_color), info_color);
+
 	theme_loaded = true;
 	Ref<Script> script = edited_res;
 	if (script.is_valid()) {
@@ -419,6 +428,10 @@ void ScriptTextEditor::_error_clicked(const Variant &p_line) {
 	}
 }
 
+void ScriptTextEditor::_on_mouse_exited() {
+	drag_info_label->hide();
+}
+
 void ScriptTextEditor::add_callback(const String &p_function, const PackedStringArray &p_args) {
 	Ref<Script> script = edited_res;
 	ScriptLanguage *language = script->get_language();
@@ -1870,6 +1883,9 @@ void ScriptTextEditor::_notification(int p_what) {
 			inline_color_options->add_theme_font_override("font", code_font);
 			inline_color_options->get_popup()->add_theme_font_override("font", code_font);
 		} break;
+		case NOTIFICATION_DRAG_END: {
+			drag_info_label->hide();
+		} break;
 	}
 }
 
@@ -1904,12 +1920,48 @@ bool ScriptTextEditor::can_drop_data_fw(const Point2 &p_point, const Variant &p_
 					String(d["type"]) == "nodes" ||
 					String(d["type"]) == "obj_property" ||
 					String(d["type"]) == "files_and_dirs")) {
+		_set_drop_info_text(d);
 		return true;
 	}
 
 	return false;
 }
 
+void ScriptTextEditor::_set_drop_info_text(const Dictionary &p_info) const {
+	if (drag_info_label->is_visible() || !EDITOR_GET("text_editor/appearance/drag_and_drop_info/show_drag_and_drop_info")) {
+		return;
+	}
+
+	String text;
+	String c = keycode_get_string((Key)KeyModifierMask::CMD_OR_CTRL);
+	bool drop_as_uid = bool(EDITOR_GET("text_editor/behavior/files/drop_preload_resources_as_uid"));
+	String default_drop_option = drop_as_uid ? TTR("UID path") : TTR("file path");
+	String alternate_drop_option = drop_as_uid ? TTR("file path") : TTR("UID path");
+
+	const String type = p_info.get("type", "");
+
+	if (type == "files" || type == "files_and_dirs" || type == "resource") {
+		Array files = p_info.get("files", Array());
+		text = TTRN("Drop file path.", "Drop file paths.", files.size()) +
+				"\n" + vformat(TTRN("Hold %s: Add const preload by %s.", "Hold %s: Add const preloads by %s.", files.size()), c, default_drop_option) +
+				"\n" + vformat(TTRN("Hold %s+Shift: Add const preload by %s.", "Hold %s+Shift: Add const preloads by %s.", files.size()), c, alternate_drop_option) +
+				"\n" + TTRN("Hold Alt: Add @export var pointing to the resource.", "Hold Alt: Add @export vars pointing to the resources.", files.size());
+	} else if (type == "nodes") {
+		Array nodes = p_info["nodes"];
+		text = TTRN("Drop node path.", "Drop node paths.", nodes.size()) +
+				"\n" + vformat(TTRN("Hold %s: Add @onready var pointing to the node path.", "Hold %s: Add @onready vars pointing to the node paths.", nodes.size()), c) +
+				"\n" + TTRN("Hold Alt: Add @export var pointing to the node.", "Hold Alt: Add @export vars pointing to the nodes.", nodes.size());
+	} else if (type == "obj_property") {
+		text = TTR("Drop property path.");
+	}
+
+	if (!text.is_empty()) {
+		drag_info_label->show();
+		drag_info_label->set_text(text);
+		drag_info_label->set_anchors_and_offsets_preset(Control::PRESET_BOTTOM_RIGHT, Control::PRESET_MODE_MINSIZE, 20 * EDSCALE);
+	}
+}
+
 static Node *_find_script_node(Node *p_current_node, const Ref<Script> &script) {
 	if (p_current_node->get_script() == script) {
 		return p_current_node;
@@ -2240,6 +2292,8 @@ void ScriptTextEditor::drop_data_fw(const Point2 &p_point, const Variant &p_data
 	te->insert_text_at_caret(text_to_drop);
 	te->end_complex_operation();
 	te->grab_focus();
+
+	drag_info_label->hide();
 }
 
 Vector<ObjectID> ScriptTextEditor::_get_objects_for_export_assignment() const {
@@ -2655,6 +2709,23 @@ ScriptTextEditor::ScriptTextEditor() {
 	errors_panel->set_focus_mode(FOCUS_CLICK);
 	errors_panel->hide();
 
+	drag_info_label = memnew(Label);
+	drag_info_label->set_anchors_preset(Control::PRESET_BOTTOM_RIGHT);
+	drag_info_label->set_focus_mode(FOCUS_ACCESSIBILITY);
+	drag_info_label->add_theme_constant_override("line_spacing", 0);
+
+	Ref<StyleBoxFlat> drag_info_sb;
+	drag_info_sb.instantiate();
+	drag_info_sb->set_border_width_all(2 * EDSCALE);
+	drag_info_sb->set_corner_radius_all(5 * EDSCALE);
+	drag_info_sb->set_corner_detail(5);
+	drag_info_sb->set_expand_margin_all(5);
+	drag_info_label->add_theme_style_override(CoreStringName(normal), drag_info_sb);
+
+	code_editor->get_text_editor()->connect(SceneStringName(mouse_exited), callable_mp(this, &ScriptTextEditor::_on_mouse_exited));
+	code_editor->get_text_editor()->add_child(drag_info_label);
+	drag_info_label->hide();
+
 	code_editor->get_text_editor()->set_symbol_lookup_on_click_enabled(true);
 	code_editor->get_text_editor()->set_symbol_tooltip_on_hover_enabled(true);
 
diff --git a/editor/script/script_text_editor.h b/editor/script/script_text_editor.h
index bb5c877d20..cbecce231f 100644
--- a/editor/script/script_text_editor.h
+++ b/editor/script/script_text_editor.h
@@ -62,6 +62,7 @@ class ScriptTextEditor : public CodeEditorBase {
 	bool script_is_valid = false;
 
 	RichTextLabel *errors_panel = nullptr;
+	Label *drag_info_label = nullptr;
 
 	Vector<String> functions;
 	List<ScriptLanguage::Warning> warnings;
@@ -173,6 +174,7 @@ protected:
 	void _show_warnings_panel(bool p_show);
 	void _error_clicked(const Variant &p_line);
 	virtual bool _warning_clicked(const Variant &p_line) override;
+	void _on_mouse_exited();
 
 	bool _is_valid_color_info(const Dictionary &p_info);
 	Array _inline_object_parse(const String &p_text);
@@ -198,6 +200,8 @@ protected:
 	bool can_drop_data_fw(const Point2 &p_point, const Variant &p_data, Control *p_from) const;
 	void drop_data_fw(const Point2 &p_point, const Variant &p_data, Control *p_from);
 
+	void _set_drop_info_text(const Dictionary &p_info) const;
+
 	String _get_absolute_path(const String &rel_path);
 
 	void _goto_line(int p_line) { goto_line(p_line); }
diff --git a/editor/settings/editor_settings.cpp b/editor/settings/editor_settings.cpp
index 57d07d7e41..d12850deb3 100644
--- a/editor/settings/editor_settings.cpp
+++ b/editor/settings/editor_settings.cpp
@@ -776,6 +776,9 @@ void EditorSettings::_load_defaults(Ref<ConfigFile> p_extra_config) {
 	_initial_set("text_editor/appearance/minimap/show_minimap", true, true);
 	EDITOR_SETTING(Variant::INT, PROPERTY_HINT_RANGE, "text_editor/appearance/minimap/minimap_width", 80, "50,250,1")
 
+	// Appearance: Drag Info Label
+	_initial_set("text_editor/appearance/drag_and_drop_info/show_drag_and_drop_info", true, true);
+
 	// Appearance: Lines
 	_initial_set("text_editor/appearance/lines/code_folding", true, true);
 	EDITOR_SETTING_BASIC(Variant::INT, PROPERTY_HINT_ENUM, "text_editor/appearance/lines/word_wrap", 0, "None,Boundary")