Drake University tuition, cost & net price

The sticker price at Drake University is $64,835 a year. After grants and scholarships, students receiving federal aid pay $29,127 on average, and what your family pays depends mostly on income. Choose yours below.

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What your family pays
$29,127 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $64,835. College Scorecard.

Net price by family income

Average after grants and scholarships for students receiving federal aid. Tap your band.

College Scorecard, latest reported year

Sticker price, line by line

Per year, living on campusAll students
Tuition & fees$52,130
Housing & meals$11,858
Books & supplies$1,100
Personal & travel$4,178
Living-at-home adjustment−$4,431
Total cost of attendance$64,835

Cost items: IPEDS 2023-24, on-campus budget. Total: College Scorecard, which averages students living on and off campus; the adjustment row reconciles the two.

Debt after graduation

Median federal loan debt$19,500
Loan default rate1.9%3-year rate, 2017 repayment cohort
Debt as a share of earnings 10 years out27%

College Scorecard; Urban Institute Education Data Portal

Who gets aid

Students with Pell Grants22%Federal grants for lower-income students
Grants for the average aided student$35,708Sticker price minus average net price

College Scorecard

Drake University net price compared with other Iowa colleges

Drake University has the 28th-lowest average net price of 30 Iowa colleges we cover. Schools around it:

RankCollegeAvg. net priceGraduationEarnings, 10 yrs
22Briar Cliff University$23,90748%$54,475
23Clarke University$24,47956%$55,396
24Saint Ambrose University$24,69161%$59,531
25Dordt University$25,80770%$52,559
26Northwestern College$25,90766%$49,802
27Mercy College of Health Sciences$26,92466%$62,234
28Drake University$29,12774%$71,901
29Morningside University$31,32050%$55,494
30Wartburg College$32,90864%$56,201

College Scorecard, latest year. Average for all aided students; your price depends on income. All Iowa colleges →

Why Drake University costs more or less than similar schools

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Drake University64%$29,12774%$71,901This school
Dordt University68%$25,80770%$52,559
Coe College64%$18,74566%$57,125
Luther College72%$23,09771%$59,850
Faith Baptist Bible College and Theological Seminary68%$16,28268%$40,650

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Drake University would cost you $3,320 more per year than Dordt University, on average.

  • Higher sticker price at Drake University, mostly from higher tuition & fees (+$15,080).
  • Drake University gives aided families $9,782 more in grants, on average.
Per year, Iowa residentDrake UniversityDordt UniversityDifference
Tuition & fees$52,130$37,050+$15,080
Books & supplies$1,100$1,010+$90
Housing & meals$11,858$11,430+$428
Personal & travel$4,178$3,500+$678
Living-at-home adjustment−$4,431−$1,257−$3,174
Sticker price$64,835$51,733+$13,102
Average grants−$35,708−$25,926−$9,782
You pay$29,127$25,807+$3,320

“+” means Drake University costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Drake University cost questions

How much is tuition at Drake University?

Tuition and fees are $52,130 a year.

What is the total cost of attending Drake University?

The total cost of attendance, including housing, meals, books and personal costs, is $64,835 a year.

What do families actually pay at Drake University?

After grants and scholarships, students receiving federal aid pay $29,127 a year on average. Families earning $0–30k pay $25,824; $48–75k pay $25,171; $110k+ pay $33,126.

How much debt do Drake University graduates have?

The median federal loan debt at graduation is $19,500, and 1.9% of borrowers defaulted within three years of entering repayment (2017 cohort).

Is Drake University the right fit for your family?

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Sources: U.S. Department of Education College Scorecard and IPEDS; Urban Institute Education Data Portal (ODC-By). Net price is an average for first-time, full-time students receiving federal aid, not a quote; confirm with the school's net price calculator. Back to Drake University overview