College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is Drake a Good School for the Money?

Average National Value
Unknown In-State Value
$155,439 Avg Total Cost

Drake University Value Report

College Factual set out to determine if Drake is asking a fair price for the quality of education they provide. Keep reading for the detailed value report.

Fair Value Nationwide

Average National Value
Top 10% National Quality
Fair Price

Drake University is ranked #1,244 out of 2,223 for value nationwide.

Drake University is priced appropriately for the kind of quality education they provide and thus has earned a fair value recognition from College Factual's analysis.

National Value Ranking  1244 out of 2223
Great Value
National Value Score  44.49 out of 100
Great Value

Prices of Institutions with Similar Quality Scores

SchoolTotal PriceValue Grade

*Total price is determined by multiplying average annual cost by time to graduate.

We're Looking at a Total Cost of $155,439 for a Drake Degree

The Drake time to graduate is about 4.1 years and will cost an estimated $37,912 per year. This brings the total cost to 155,439.

Average Yearly Cost$37,912
Average Years to Graduate4.1
Estimated Avg Total Cost of Degree$155,439

Many Factors Affect Net Price

Consider the average Drake student takes 4.1 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your Drake degree may cost less than average.

Does This School Make Financial Sense To You?

$150,605 In-State With Aid
$247,304 Avg Cost No Aid
4.1 Years to Graduate

The overall price of a college can vary depending on your individual circumstances.

Look at the table below to get a sense of how Drake value for your educational dollar might vary.

Nationwide Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$247,304#0F
All Students$155,439#1,244C-
Only Students Receiving Aid$150,605#1,821F
In-State Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$247,304#F
All Students$155,439#F
Only Students Receiving Aid$150,605#F

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Iowa.

About 100% of Drake students receive financial aid. Get more details on what Drake financial aid you may qualify for.

How to Finance The Gap

How to Calculate Value

College Factual calculates value by calculating average Drake cost multiplied by time to graduate, and then compares that number to other schools of a similar quality ranking. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.


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