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Drake University Tuition & Costs

Your Estimated Price

$40,789 Annual Cost to Attend

Cost Breakdown
$30,743 tuition
$9,000 on campus room & board
$900 books and supplies
$146 fees
(Based on stats from 2013/2014)

$40,789 Annual Cost to Attend

Cost Breakdown
$30,743 tuition
$9,000 on campus room & board
$900 books and supplies
$146 fees
(Based on stats from 2013/2014)
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

$14,818 Annual Institutional Aid

Average Aid
99% of students receive aid
17% get federal aid ($5,874 avg)
10% get state aid ($3,865 avg)
99% get institn'l aid ($14,818 avg)
57% get loans ($7,387 avg)

Tuition Trends

Historical Tuition and Fees, with Projected Future Amounts

Future projections are based on past four years' data averaging 4.64% annual change in in-state tuition and fees and 4.64% 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

Annual Aid Awarded
Average Amount Percent Awarded
Grant or Scholarship Aid $16,201 99%
Federal Grant Aid $5,874 17%
Pell Grants $3,900 16%
Other Federal Grants $2,316 16%
Institution Grant Aid $14,818 99%
State Grant Aid $3,865 10%
Student Loans $7,387 57%
Federal Loans $5,396 57%
Other Loans $12,683 9%

Merit Aid Available

Merit Aid

Merit Scholarships Available Amount freshman returning transfer graduate
- Y Y Y Y
$1,500 Y Y Y N
award details Y Y N N
$15,000 - $20,000 Y Y N N
$1,000 - $2,000
- N Y Y N
$1,000 N N Y N
$16,000 N Y Y N
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
Costs Per Credit Hour
In State $610
Out of State $610


Student Responses to Review Topic: Bang for the buck
  • 4
  • Alexis from Lincoln, NE
  • Dec-21-2016 I am a current student here

    Des Moines is a great place with lots of opportunities so Drake is definitely going to show it's return (I hope)

    Read More
  • 4
  • Arianna from Honolulu, HI
  • May-21-2014 I am a current student here

    Drake is an outstanding university and a great place to achieve your degree, however the tuition is constantly increasing because of the few students who attend Drake since it is a private university.

    Read More
  • 4
  • Ben
  • Apr-09-2014 I am a current student here

    Drake is expensive, but so are most other private colleges. I am no expert on the matter, but Drake has been awarded multiple awards from independent reviewers - some of which include being the best value in the Midwest. The great thing about Des Moines is that the cost of living as well as entertainment is fairly low.

    Read More
  • 5
  • From Maryland
  • Feb-23-2014 I am a current student here

    I feel like for the most part, my money is going to good places.

    Read More
  • 5
  • Drake Student17
  • Nov-06-2013 I am a current student here

    This school is well respected. When looking for a job, people will see that you went to a small private college that is not known to be easy. It has an academic rigor competitive to many other private schools. The cost is lower than others and there are scholarships for academics.

    Read More