How much does Drake University tuition cost per year?
The 2024 tuition & fees of Drake University is $49,944 and the 2024 graduate school tuition & fees is $12,777. Its undergraduate tuition & fees is much higher than the average tuition for Doctoral / Research University (not R1, R2)' tuition of $31,004.
Based on the last year increase rate, The 2025 estimated tuition & fees at Drake is $52,248 for Iowa residents and $52,248 for out-of-state students, a 4.6% increase compared to 2024's rate.
Drake 2024 Tuition & Fees
| Year | Tuition & Fees | Doctoral / Research University (not R1, R2)' Average |
|---|
| 2022-2023 | $47,742 | $30,145 |
| 2023-2024 | $49,944 | $31,004 |
| Change % 2023-2024 | 4.61% | 2.85% |
| 2024-2025 Estimate | $52,248 | $31,886 |
How much do you actually pay at Drake?
The living costs at Drake is $16,036 when living on campus. The on-campus living costs increased by 8.94% compared to the previous year. The off-campus living costs decreased by 9.20%.
The Drake's 2024 COA is $67,080 for on-campus living and off-campus COA is $65,023.
97% of enrolled 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.
Drake University 2024 Cost of Attendance (COA) | On-Campus | Off-Campus |
|---|
| Tuition & Fees | $49,944 |
|---|
| Room & Board | $11,858 | $9,360 |
|---|
| Personal Expenses | $4,178 | $4,619 |
|---|
| Books & Supplies | $1,100 |
|---|
| COA | $67,080 | $65,023 |
|---|
| COA with Financial Aid | $37,504 | $35,447 |
|---|
Drake 4-Years Tuition
How Much is Drake tuition for 4 years?
Drake's 4-years tuition is $205,342, based on current tuition and change rate.
Since the tuition & fees at Drake University have risen very slightly (very lower than national average) over the last 4 years, the actual costs may differ from the estimation based on the school or University system's new tuition policy.
Drake 4 Years Tuition & Fees Estimates
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total |
|---|
| Class of 2028 | Fall 2024 | $50,495 | $51,051 | $51,614 | $52,183 | $205,342 |
|---|
| Class of 2029 | Fall 2025 | $51,051 | $51,614 | $52,183 | $52,758 | $207,605 |
|---|
| Class of 2030 | Fall 2026 | $51,614 | $52,183 | $52,758 | $53,339 | $209,894 |
|---|
| Class of 2031 | Fall 2027 | $52,183 | $52,758 | $53,339 | $53,927 | $212,207 |
|---|
| Class of 2032 | Fall 2028 | $52,758 | $53,339 | $53,927 | $54,522 | $214,546 |
|---|
Net Price for 4 Years at Drake
Based on recent tuition increase rate, for the students who were admitted in Fall 2024, the estimated 4-years COA is $277,244.
Drake 4 Years COA
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total |
|---|
| Class of 2028 | Fall 2024 | $67,960 | $68,852 | $69,757 | $70,676 | $277,244 |
|---|
| Class of 2029 | Fall 2025 | $68,852 | $69,757 | $70,676 | $71,608 | $280,892 |
|---|
| Class of 2030 | Fall 2026 | $69,757 | $70,676 | $71,608 | $72,553 | $284,594 |
|---|
| Class of 2031 | Fall 2027 | $70,676 | $71,608 | $72,553 | $73,513 | $288,350 |
|---|
| Class of 2032 | Fall 2028 | $71,608 | $72,553 | $73,513 | $74,487 | $292,161 |
|---|
Actual COA after Receiving Financial Aid
After receiving the financial aid, the net price for 4 years of attending the school is $158,940.
Drake 4 Years COA after Receiving Financial Aid
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total |
|---|
| Class of 2028 | Fall 2024 | $38,384 | $39,276 | $40,181 | $41,100 | $158,940 |
|---|
| Class of 2029 | Fall 2025 | $39,276 | $40,181 | $41,100 | $42,032 | $162,588 |
|---|
| Class of 2030 | Fall 2026 | $40,181 | $41,100 | $42,032 | $42,977 | $166,290 |
|---|
| Class of 2031 | Fall 2027 | $41,100 | $42,032 | $42,977 | $43,937 | $170,046 |
|---|
| Class of 2032 | Fall 2028 | $42,032 | $42,977 | $43,937 | $44,911 | $173,857 |
|---|
Drake's Graduate Tuition
The graduate school tuition at Drake University is $12,777. Detailed graduate program tuition and majors can be found at Drake gradute program page.
Drake University has a law school and its tuition is different from other graduate programs, usually higher. The law school tuition is $48,410. See the detailed law school tuition at Drake University Law School page.
Drake Graduate Tuition & Fees
| Year | Gradaute Tuition & Fees |
|---|
| 2022-2023 | $12,128 |
| 2023-2024 | $12,777 |
| Change % 2023-2024 | 5.35% |
|---|
| 2024-2025 | $13,461 |
Tuition Per Credit Hour
For part-time and/or full-time students who take additional credits at Drake is $1,325. The graduate tuition per credit hour is $667.
Per Credit Hour Charge at Drake
| Year | Tuition Per Credit Hour |
|---|
| Undergraduate | 2022-2023 | $1,271 |
|---|
| 2023-2024 | $1,325 |
|---|
| 2024-2025 (Estimate) | $1,381 |
|---|
| Graduate | 2022-2023 | $660 |
|---|
| 2023-2024 | $667 |
|---|
| 2024-2025 (Estimate) | $674 |
|---|
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.
Compare Tuition with Similar Colleges
The following table compares tuition & fees between Drake University and its similar schools.