How much does Drake University cost?

Drake University Cost of Attendance
In-state $41,396
Out-of-state $41,396
On-Campus Room and Board $10,528
Off-Campus Room and Board $9,596
Average Annual Cost $29,511
Average Cost by Family Income
Family Income Average Cost
Under $30,000 $22,298
$30,000-$48,000 $24,942
$48,000-$75,000 $26,124
$75,000-$110,000 $28,763
Over $110,000 $32,322

Drake University Financial Aid and Debt


Students paying down their debt


Typical Total Student Debt


Typical Monthly Loan Payment

Financial Aid Breakdown for Full-time Incoming Freshman

Aid Type % Receiving Average Amount
Grant or scholarship aid 100% $21,286
Federal Grants 18% $5,512
Pell grants 18% $4,321
Other federal grants 18% $1,277
State/local goverment grant or scholarships 12% $5,623
Institutional grants or scholarships 100% $22,437
Student loan aid 56% $8,516
Federal student loans 55% $7,483
Other student loans 11% $16,219

Drake University Scholarships: Start Earning in High School

Over 1 million high school students are earning no-essay college scholarships for their grades, activities, and other achievements.

Sign up for a free RaiseMe profile and see how much you can earn!

Micro-scholarships* Colleges Awarding Amount
Visit a college campus 308 Up to $8,500
Have perfect attendance for a year 222 Up to $2,000
Do community service 312 Up to $500
Take a challenging class 322 Up to $3,000
Take a foreign language class 195 Up to $5,000

*GPA and other eligibility restrictions may apply

Drake University Admissions

What is Drake University's admissions rate?
Acceptance Rate 68%
Average GPA 3.5
SAT Submissions 19% of applicants
SAT Reading 580-680
SAT Math 560-680
SAT Writing
ACT Submissions 77% of applicants
Composite Score 24-30

Ready to start the application process for Drake University?

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Drake University Campus Life


Student to Faculty Ratio


Forbes Ranking


Four-Year Graduation Rate


Six-Year Graduation Rate

Student Population

Campus Life
Total undergraduates 3098
Living on campus
Transfer Students 100%
Under Age 25
Gender Balance

Student Diversity

Diversity Index: Chance you’ll bump into a diverse range of students
Hispanic or Latino
Black or African American
American Indian or Alaska Native
Native Hawaiian or Other Pacific Islander

Drake University Graduation Success

First Year Student Retention


Four-Year Graduation Rate


Average Salary After Graduation

College map

About Drake University

Drake University is recognized as one of the finest institutions of higher learning in the Midwest. A midsized, private university in Des Moines, Iowa, we offer the benefits and resources of a larger institution along with the advantages of intimate class sizes and close personal relationships. Drake enrolls more than 3,000 undergraduates and 1,800 graduate students from 45 states and more than 42 countries. These students choose from more than 100 majors, minors, and concentrations and 40 graduate degrees offered through six colleges and schools.


2507 University Avenue
Des Moines, IA

Type Private
Profit Status not-for-profit
Category Master's Colleges and Universities
Setting Midsize City
* Financial aid is only available for those who qualify