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Drake University
Tuition, Costs, & Financial Aid Information
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Website
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Overview
Admissions
Financials
Academic
Campus Life
Students
In-state
Out-of-state
Cost of Attendance :
$66,150
Installment Plan Available
Deferred Payment Plan Available
Tuition & Fees :
$50,114
Room & Board :
$11,858
Books & Supplies :
$1,100
Other Expenses :
$3,078
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
Website
Financial Aid Website
Net Price Calculator
Tap Here
Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning January 15
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required
Cost
FAFSA Code is 001860
Free
CSS/Financial Aid Profile
$25 for first college, $16 each additional
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
Freshman
Financial Aid Applicants
579 (90.8%) of freshmen
Found to Have Financial Need
451 (77.9%) of applicants
Received Financial Aid
451 (100.0%) of applicants with financial need
Need Fully Met
139 (30.8%) of aid recipients
Average Percent of Need Met
83%
Average Award
$40,523
Need-Based Gift
Received by 447 (99.1%) of aid recipients, average amount $33,515
Need-Based Self-Help
Received by 345 (76.5%) of aid recipients, average amount $4,987
Merit-Based Gift
Received by 110 (24.4%) of aid recipients
160 (25.1%) of freshmen had no financial need and received merit aid, average amount $28,991
All Undergraduates
Financial Aid Applicants
1,978 (76.0%) of undergraduates
Found to Have Financial Need
1,592 (80.5%) of applicants
Received Financial Aid
1,587 (99.7%) of applicants with financial need
Need Fully Met
511 (32.2%) of aid recipients
Average Percent of Need Met
81%
Average Award
$37,420
Need-Based Gift
Received by 1,556 (98.0%) of aid recipients, average amount $30,304
Need-Based Self-Help
Received by 1,214 (76.5%) of aid recipients, average amount $5,661
Merit-Based Gift
Received by 379 (23.9%) of aid recipients
832 (32.0%) of undergraduates had no financial need and received merit aid, average amount $26,946
All Undergraduates
2024 Graduates Who Took Out Loans
58%
Average Indebtedness of 2024 Graduates
$33,276
Financial Aid Programs
Financial Aid Programs
Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Other Loans
College/University Loans
Federal Health Professions Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Creative arts/performance scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Music
Theater/Drama
Number of Awards
292
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Children and Siblings of Alumni
International Students
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$1,915
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.