Overview
Des Moines, IA Drake University is a private, non-profit 4-year college located in Des Moines, Iowa. There are currently 2,794 undergraduates at Drake and the school’s acceptance rate is 67%. The tuition at Drake is $47,912.
City
Scholarships & Financial Aid
$63,732
$33,556
$30,176
Cost Breakdown
Estimated Cost:
$63,732for the 2023-2024 Academic Year
The sticker price at Drake is $63,732. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Drake would look like for you, try entering your financial information into their Net Price Calculator.
Drake University Financial Aid
Students who are applying for financial aid at Drake University need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Drake University is 001860.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
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Pell Grants at Drake University
21% of students at Drake University receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Drake University.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Drake students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Drake University Financial Aid Resources
If you are looking for more information about financial aid and scholarships at Drake or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.drake.edu/finaid/
- Email: [email protected]
- Phone: 515-271-2905
Admissions
67%
28
Is Drake test-optional?
Drake University is test-optional, which means that it does not require applicants to submit their SAT or ACT scores. That means that some students will submit their test scores and others will not. If you choose not to submit your ACT or SAT score, the admissions officers will weigh your grades, extracurricular activities, essays, and interviews more heavily. If you are not sure whether you should submit your standardized test scores, our guide on submitting scores to test-optional schools can help.
Rolling deadline at Drake
Drake University accepts applications on a rolling basis. That means that the earlier you submit your application, the better chance you have of gaining admission and strong financial aid. Many schools with rolling admissions have priority deadlines, which means that students that submit their application before these dates have a better chance of receiving financial aid. Be sure to check Drake's website to become familiar with their admissions dates.
Academics
Student/Faculty Ratio
10:1
Graduation Rate
76%
Popular Majors
Percent of Students
Business, Management, & Marketing
25%
25% of graduates
Communications & Journalism
10%
10% of graduates
Visual & Performing Arts
8%
8% of graduates
Social Sciences
7%
7% of graduates
Legal Studies
6%
6% of graduates
Psychology
6%
6% of graduates
Education
6%
6% of graduates
Health Professions & Related Programs
6%
6% of graduates
Biological & Biomedical Sciences
5%
5% of graduates
Natural Resources & Conservation
4%
4% of graduates
Computer & Information Sciences
4%
4% of graduates
Multi/Interdisciplinary Studies.
3%
3% of graduates
English Language & Literature
3%
3% of graduates
Physical Sciences
2%
2% of graduates
Mathematics
1%
1% of graduates
History
1%
1% of graduates
Languages & Literatures
1%
1% of graduates
Liberal Arts & Humanities
1%
1% of graduates
Parks, Recreation, Leisure, & Fitness Studies
1%
1% of graduates
Student Body
Undergraduate Students
2,794
Pell Grant 19%
Undergrad Students Over 25 4%
Part-Time Undergrad Students 2%
Percent Male / Female 40% / 60%
Ethnic Diversity at Drake
72% White
7% Hispanic
6% Black
5% Multiracial
5% Asian / Pacific Islander
4% International / Non-Citizen
Student Outcomes
Graduate Income
$71,901
Median Debt $23,000
Debt 10 years after graduation $244
Graduation Rate 76%
What is the graduation rate at Drake University?
76% of students who start at Drake University end up finishing their degree within six years of enrolling. This is 18% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Drake University go on to earn?
10 years after starting school at Drake University, the median earnings among students who received federal financial aid was $71,901. This is $21,510 more than the national median.
Earnings can vary widely based on many factors other than school choice. Your major and career path can cause substantial changes in your income down the line. For more information, check out our article on the average starting salary out of college.
How much do students at Drake take out in loans?
Graduates of Drake have to take out a median of $23,000 in federal student loans. This is $9,500 more than the national median. As you make decisions about your college loans, it’s important to inform yourself on the advantages and disadvantages of each loan option. Our guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
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