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Tuition & Costs

Your Estimated Price

$37,692 Annual Cost to Attend

Cost Breakdown
$28,250 tuition
$8,410 on campus room & board
$900 books
$132 fees

$37,692 Annual Cost to Attend

Cost Breakdown
$28,250 tuition
$8,410 on campus room & board
$900 books
$132 fees
Estimated Net Price
Get Your Estimated Cost

Colleges like Drake University are working hard to make tuition affordable to deserving students.

Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college.

Average Aid

$14,210 Annual Institutional Aid

Average Aid
99% of students receive aid
20% get federal aid ($5,589 avg)
14% get state aid ($3,992 avg)
99% get institn'l aid ($14,210 avg)
63% get loans ($6,851 avg)

Tuition Trends

Historical Tuition and Fees, with Projected Future Amounts

Future projections are based on past four years' data averaging 4.48% annual change in in-state tuition and fees and 4.48% change in out-of-state tuition and fees. Amounts shown are estimates only and not guaranteed. For a better estimate, contact the college directly.

Financial Aid

$13,608,778
Annual Aid Awarded
Aid/Loans
Average Amount Percent Awarded
Grant or Scholarship Aid $15,880 99%
Federal Grant Aid $5,589 20%
Pell Grants $3,633 19%
Other Federal Grants $2,099 19%
Institution Grant Aid $14,210 99%
State Grant Aid $3,992 14%
Student Loans $6,851 63%
Federal Loans $5,418 62%
Other Loans $11,284 8%

Merit Aid

Financial Aid Timeline
Financial aid priority deadline: March 1
Financial aid deadline: -
College will notify student of financial aid decisions on or about: -
Student must reply to financial aid decision by: May 1
Does Drake University offer...
Tuition Payment Plan? Yes
Financial Aid Contact Info
2507 University Avenue
Des Moines, IA 50311-4505
(515) 271-2011
http://www.drake.edu
Costs Per Credit Hour
In State $573
Out of State $573

Reviews

Student Responses to Review Topic: Bang for the buck
  • 1
  • Former Bulldog
  • Jan-14-2013 I am a past student here

    While Drake is fairly inexpensive as far as private schools are concerned, my personal opinion is that the sub-par academics and guidance that the school offers negate the benefits of the school's low tuition. Tuition only gets higher every year at Drake and I didn't feel like I was being given then one-on-one guidance in designing my four-year plan or the preparation for graduate school that my admissions counselors promised when I first toured the school. For those who just want to get a diploma while enjoying the college experience, partying hard, and not having to get too stressed about school - this is the perfect place for you and that's okay! For those who have goals that include education beyond Drake and really desire to get the most out of college without over-spending, it might be worth it to consider braving the woes of a state school like the University of Iowa or the U of Minnesota - Twin Cities where you're likely to get a much better education at an even lower cost.

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  • 3
  • Ryan from Johnston, IA
  • Nov-21-2012 I am researching this school and have visited the campus

    I would go to Drake without a doubt if the costs were about $10,000 less. Even with lots of automatic merit scholarships this isn't enough to convince me to go there.

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  • 5
  • Crysta from Florissant, MO
  • Oct-18-2012 I am a current student here

    This school is definitely a bang for the buck. It is cheaper than most Universities including some state schools. Also the academics outweigh the price of tuition because you are paying for your future.

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