How much is the Drake tuition? For the academic year 2023-2024, Drake's tuition & fees is $49,944.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $65,764 when a student lives on-campus.
Drake Tuition & Expenses
| 2022-2023 Rate |
|---|
| Tuition & Fees | $49,944 |
|---|
| Books & Supplies Costs | $1,100 |
|---|
| On-campus Room & Board | $11,570 |
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| On-campus Expenses | $3,150 |
|---|
| Off-campus Room & Board | $11,570 |
|---|
| Off-campus Expenses | $3,825 |
|---|
| 2023-2024 Projection |
|---|
| Tuition & Fees | $47,564 |
|---|
How Much Does it Cost to Go to Drake for 4 Years?
For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $223,899 at Drake. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $279,049. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $146,460.
The following table computes the 4 years tuition and COA by class of year.
Average Tuition By School Type and Comparison
Compared to four-years schools nationwide, Drake' tuition is much higher than the average tuition of $20,875. Compared to private, four-years colleges in Iowa, its tuition is much higher than the average tuition of $25,497.
| In-State | Out-of-State |
|---|
| Drake University | $49,944 |
|---|
| U.S. Four-years Colleges | $18,570 |
|---|
| Public Schools | $7,197 | $12,949 |
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| Private Schools | $20,875 |
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| Iowa Four-years Colleges | $21,556 |
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| Public Schools | $8,453 | $11,211 |
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| Private Schools | $25,497 |
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Compare Similar School's Tuition
The next table compares the tuition & fees between Drake and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
| Location | Undergraduate | Graduate |
|---|
| Drake University | Des Moines, IA | $49,944 | $12,777 |
|---|
| Santa Clara University | Santa Clara, CA | $59,241 | $25,873 |
|---|
| Embry-Riddle Aeronautical University-Daytona Beach | Daytona Beach, FL | $42,304 | $21,964 |
|---|
| University of Washington-Tacoma Campus | Tacoma, WA | $42,171 | $32,685 |
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| DeVry University-New Jersey | Iselin, NJ | $17,488 | $17,552 |
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| University of Wisconsin-La Crosse | La Crosse, WI | $18,691 | $20,609 |
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| DeVry University-Georgia | Decatur, GA | $17,488 | $17,552 |
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| DeVry University-Florida | Miramar, FL | $17,488 | $17,552 |
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| Massachusetts Maritime Academy | Buzzards Bay, MA | $23,910 | $19,984 |
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| Samford University | Birmingham, AL | $38,144 | $22,604 |
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| University of St Thomas | Houston, TX | $33,660 | $21,634 |
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Tuition Trends Over Past 10 Years
The undergraduate tuition & fees of Drake University has increased by 54.60% over the past 10 years from $30,880 to $49,944. The graduate tuition & fee has increased by 10.80% from $10,946 to $12,777.
The living costs increased by -2.60% last year and 17.20% over the past 10 years.
Financial Aid and COA
At Drake University, 2,808 students (97%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $29,576.
After receiving financial aid, the cost of attendance (COA) at Drake is $36,188 for students living on-campus and $36,863 for students living off-campus.
For beginning students (i.e. first-time freshmen), 785 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $31,274 and the average amount of student loans is $8,953.
The financial aid data is based on 2021-2022 statistics from IPEDS.
Admission Stats and Requirements to Apply
Drake's acceptance rate is 69.07%. A total of 7,932 applicants applied to and 5,479 students were accepted. Of the admitted students, 759 enrolled finally, and the yield (i.e. enrollment rate) is 13.85%.
To apply to Drake, 3 items are required - Secondary school GPA, Secondary school record and TOEFL (Test of English as a Foreign Language) and 2 items are recommended to submit - Completion of college-preparatory program and Recommendations. SAT and ACT scores are considered during the admissions process but are not required to be submitted.
SAT and ACT Scores
The SAT and ACT scores are considered but not required to apply to Drake. The average SAT score of the enrolled first-time students is 1,300 and the average ACT score (ACT composite) is 28.
Its SAT score is higher than the national average score of 1,174. The ACT score is slightly higher than the national average score of 25.
| Average | 25th | 75th |
|---|
| SAT Total | 1,300 | 1,190 | 1,410 |
|---|
| National Average | 1,174 | | |
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| Iowa Average | 1,141 | | |
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| SAT EBRW | 655 | 600 | 710 |
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| SAT Math | 645 | 590 | 700 |
|---|
| ACT Composite | 28 | 25 | 31 |
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| National Average | 25 | | |
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| Iowa Average | 23 | | |
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| ACT Math | 27 | 24 | 29 |
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| ACT English | 28 | 24 | 32 |
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Student Population
Drake University has a total of 4,685 students including 2,835 undergraduate and 1,850 graduate students. By gender, there are 1,814 male students and 3,061 female students attending Drake. The school offers online degree programs and 431 students enrolled online exclusively (9.20% of all students).
| Total | Male | Female |
|---|
| Total | 4,875 |
1,814 | 3,061 |
|---|
| Undergraduate | 2,902 |
1,156 | 1,746 |
|---|
| Graduate | 1,973 |
658 | 1,315 |
|---|
Directory & Academic Information
| Directory Information |
|---|
| Address | 2507 University Avenue, Des Moines, IA |
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| Phone | 515-271-2011 |
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| WEB | www.drake.edu/ |
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| Degree & Programs |
|---|
| Degree | Undergraduate, Graduate |
|---|
| Program Offered | 95 Programs |
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| Online Program Offered | 6 Online Programs |
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| Graduate Program Offered | 23 Graduate Programs |
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| Academic Stats |
|---|
| Acceptance Rate | 64.00% |
|---|
| Yield | 13.00% |
|---|
| Student Population | 4,685 |
|---|
| Graduation Rate | 76% |
|---|
| Retention Rate | 83% |
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| Students to Faculty Ratio Rate | 10 to 1 |
|---|
| Faculty & Staffs |
|---|
| Number of Faculties | 300 (Full-time), 160 (Part-time) |
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| Number of Staffs | 980 (Full-time), 198 (Part-time) |
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| Average Faculty Salary | $89,285 |
|---|
| Average Staff Salary | $55,684 |
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