Paying for Drake University

	Undergraduate	Graduate
2024 Tuition & Fee	$49,944 4.61%	$12,777 5.35%

The 2024 tuition & fees of Drake University (Drake) is $49,944 for prospective students and the 2024 graduate school tuition & fees is $12,777. Its undergraduate tuition & fees is much higher than the average amount for similar schools' tuition of $35,203.

97% of enrolled undergraduate students have received grants or scholarships and the average aid amount is $29,576. It could cover 59.22% of full tuition amount. After receiving the financial aid, the net price is $37,504 including tuition, fees, books & supplies costs, and living costs.

Drake's 4-year tuition is $214,116, based on current tuition and change rate. The estimated 4-year COA including living costs and personal expenses is $285,675.

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Tuition, Fees, Living Costs, and Cost of Attendance (COA)

Undergraduate Program Tuition & Fees

For the academic year 2023-2024, the undergraduate tuition & fees at Drake University is $49,944. The 2024 undergraduate tuition has been risen by 4.61% compared to the previous year. Its undergraduate tuition & fees is much higher than the average amount for similar schools' tuition of $35,203.

The 2025 estimated undergraduate tuition & fees is $52,248 , a 4.6% increase compared to 2024's rate.

Drake Undergraduate Tuition & Fees
Year	Tuition & Fees	On Campus Room & Board, Other Expenses
2022-2023	$47,742	$14,720
2023-2024	$49,944	$16,036
Change % 2023-2024	4.61%	8.94%
2024-2025	$52,248	$17,470

Graduate Program Tuition & Fees

For graduate programs, 2024 tuition & fees is $12,777. The graduate tuition has been risen by 5.35% compared to the previous year. Its graduate tuition & fees is lower than the average amount for similar schools' tuition of $19,012.

The estimated graduate school tuition & fees is $13,461 for the academic year 2024-2025 , a 5.4% increase compared to 2024's rate.

Drake Graduate Tuition & Fees
Year	Tuition & Fees	On Campus Room & Board, Other Expenses
2022-2023	$12,128	$14,720
2023-2024	$12,777	$16,036
Change % 2023-2024	5.35%	8.94%
2024-2025	$13,461	$17,470

Cost Per Credit Hour

The below table describes the cost per credit hour for part-time students and/or full-time students who take additional courses more than regular credit hours at Drake. The undergraduate cost per credit hour is $1,325. The graduate tuition per credit hour is $667.

Per Credit Hour Charge (2023-2024)
	Year	Cost Per Credit Hour
Undergraduate	2022-2023	$1,271
	2023-2024	$1,325
	2024-2025	$1,381
Graduate	2022-2023	$660
	2023-2024	$667
	2024-2025	$674

Cost of Attendance with Living Costs and Books & Supplies

The living costs including for room, board, transpiration, and other personal expenses is $16,036 for year 2024. The on-campus living costs increased by 8.94% compared to the previous year. The off-campus living costs decreased by 9.20% compared to the previous year.

The Drake's 2024 on-campus COA is $67,080 and off-campus COA is $65,023.

2024 Cost of Attendance (COA) At Drake
	On-Campus	Off Campus
Tuition & Fees	$49,944
Room & Board	$11,858	$9,360
Personal Expenses	$4,178	$4,619
Books & Supplies	$1,100
Cost of Attendance	$67,080	$65,023

Data source: IPEDS (integrated Postsecondary Education Dta System)

Updated with 2023-2024 tuition (Last update: 03/01/2024)

Cost estimates for 2024-2025 are based on last year's rate of change.

Drake Tuition Charts

The following charts visualize tuition, fees, living costs, and other expenses at Drake. You can enlarge the chart to view detailed information.

4-Years Costs of Attendance

How Much is the tuition for 4 years at Drake?

For the entering class 2024, the estimated tuition for 4 years at Drake is $214,116.

The estimation excludes the book, supplies, and living costs before receiving any financial aid. See the other tabs for estimating 4-year total costs of attendance and after financial aid. The next table shows the estimated 4-years tuition & fees for the next 5 admission years. The estimation is based on 4-years changes in tuition & fees at the school.

Drake 4 Years Tuition & Fees Estimates
	Admission Year	Freshmen	Sophomore	Junior	Senior	4 Years Total
Class of 2028	Fall 2024	$51,339	$52,772	$54,245	$55,760	$214,116
Class of 2029	Fall 2025	$52,772	$54,245	$55,760	$57,317	$220,094
Class of 2030	Fall 2026	$54,245	$55,760	$57,317	$58,917	$226,240
Class of 2031	Fall 2027	$55,760	$57,317	$58,917	$60,562	$232,556
Class of 2032	Fall 2028	$57,317	$58,917	$60,562	$62,253	$239,050

COA including Books, Living Costs and Personal Expenses

The table shows the 4-years estimation of total costs of attendance (COA). It includes the tuition & fees, books & supplies costs, room & board charges, and other living expenses.

For the students who were admitted in Fall 2024, the estimated 4-years COA is $285,675.

Drake 4 Years COA
	Admission Year	Freshmen	Sophomore	Junior	Senior	4 Years Total
Class of 2028	Fall 2024	$68,771	$70,505	$72,286	$74,113	$285,675
Class of 2029	Fall 2025	$70,505	$72,286	$74,113	$75,989	$292,893
Class of 2030	Fall 2026	$72,286	$74,113	$75,989	$77,913	$300,301
Class of 2031	Fall 2027	$74,113	$75,989	$77,913	$79,889	$307,904
Class of 2032	Fall 2028	$75,989	$77,913	$79,889	$81,916	$315,706

Actual COA after Receiving Financial Aid

Last year, 97% of enrolled undergraduate students have received grants or scholarship aid. It includes any financial aid from the federal government, state, local, institute, and other sources known by the institution. It excludes federal/private student loans.

After receiving the financial aid, the net price for 4 years of attending the school is $167,371.

Drake 4 Years COA after Receiving Financial Aid
	Admission Year	Freshmen	Sophomore	Junior	Senior	4 Years Total
Class of 2028	Fall 2024	$39,195	$40,929	$42,710	$44,537	$167,371
Class of 2029	Fall 2025	$40,929	$42,710	$44,537	$46,413	$174,589
Class of 2030	Fall 2026	$42,710	$44,537	$46,413	$48,337	$181,997
Class of 2031	Fall 2027	$44,537	$46,413	$48,337	$50,313	$189,600
Class of 2032	Fall 2028	$46,413	$48,337	$50,313	$52,340	$197,402

	In-State	Out-of-State
Drake University	$49,944
University of Northern Iowa	$9,728	$21,272
Missouri State University-Springfield	$9,024	$17,928
Illinois State University	$14,121	$23,479
University of Evansville	$42,676
Loyola University Chicago	$51,716