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Drake Cost of Tuition Report

Expensive Tuition & Fees

What Does It Cost to Go to Drake University?

See current tuition and fees for Drake University, along with how those costs compare to other schools and how they have changed.

This report covers the following sections:

What Will Drake Charge in Tuition?

$52,130 Tuition & Fees

For the latest reported year, tuition and fees at Drake University ran $52,130 annually for undergraduate students. This rate applies regardless of state residency.

Of that total, required fees totaled $686; the balance is base tuition.

Most Recent Reported Year
Tuition $51,444
Fees $686
Total $52,130

These tuition and fee numbers are for one year of attendance and exclude room and board.

Keep in mind that many students qualify for financial aid and scholarships that bring down the real cost they pay. The numbers on this page are sticker price.

How much would Drake University cost for part-time students? Visit the Cost Per Credit Hour page for details.

Where Do Drake Tuition & Fees Rank Against Other Colleges?

For some context, here is how Drake University tuition and fees compare to other colleges. Each rating is relative to the average for that group of schools.

Nationwide In IA Similar Colleges
Tuition & Fees Expensive Expensive Expensive

Relative to the national field, Drake University runs on the expensive side.

Note that financial aid can substantially change the real price, so compare net cost too. Review the Drake University Financial Aid page for more.

Tuition Trend at Drake (Last Few Years)

Here’s how tuition at Drake University has tracked across the last few reported years.

Year Tuition
Three Years Ago $45,734
Two Years Ago $47,564
One Year Ago $49,466
Most Recent Year $51,444

Below, the chart plots how tuition at Drake has shifted across recent years.

In the latest reported year, tuition rose 4.0%. Carrying the same rate forward one year puts tuition + fees around $54,214 for the upcoming year.

Don’t Ignore Cost Increases

Most schools raise tuition gradually each year, so plan for the cost in later years to exceed today’s posted rate.

Tuition & Fees: Common Questions

Browse answers to frequently asked questions about college tuition and fees for more background.

Drake Tuition & Fees Five Year Projection

4.29% Annual Increase
$231,840 Est. 4-Year Cost

Tuition and fees rose at an average annual pace of 4.29%, so cost a year out lands around $54,364.

Carrying that rate forward, here is the projected tuition and fees for the next five years:

Academic Year Tuition & Fees
Next Year $54,364
In 2 Years $56,694
In 3 Years $59,124
In 4 Years $61,658
In 5 Years $64,301

Plan around the full four-year total, not just a single year — the running four-year out-of-state total projects near $231,840.

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Ways to Finance Your Drake Schooling

A tuition number is just one part of the picture — grant aid and scholarships often reduce the actual price families pay.

To learn about financial aid at Drake University, go to the Drake University Financial Aid page.

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