by our College Data Analytics TeamCollege Factual’s Best for the Money Rankings compare the quality of a Drake degree with its cost to decide whether the school is asking a fair price. Here is how Drake measures up.
Drake is ranked #2,688 out of 3,211 schools for value nationwide, earning a value grade of A (top 10% for value). Within Iowa, it ranks #48 of 48 for value.
These Drake majors earned the highest value rankings from College Factual.
| Major | National Value Rank |
|---|---|
| Other Biochemistry, Biophysics & Molecular Biology | #9 of 14 |
| Business Administration / Management | #17 of 26 |
| Other Journalism | #18 of 21 |
| Economics | #21 of 25 |
| Accounting / Finance | #26 of 36 |
| Other Finance and Financial Management Services | #26 of 36 |
| Law Degree | #44 of 55 |
| Information Systems | #45 of 55 |
| Actuarial Science | #45 of 55 |
| Teacher Education | #48 of 53 |
Read the full Drake value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
Drake University is ranked #1 out of #51 in Iowa for quality and #48 out of #48 for Iowa value.
Live in-state? You may qualify for a reduced price. Check the Drake financial aid page to be sure.
Drake University is ranked #2,688 out of 3,211 for value nationwide.
Compared to its peers, Drake University is underpriced for the quality of education it provides, earning it a great value recognition.
Averaged across all students — those who receive aid and those who pay full price — a year at Drake costs about $29,846. Over a standard four-year bachelor's program, that adds up to an estimated $119,383 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $65,063 / year |
| Net Price (students receiving aid) | $29,127 / year |
| Average Cost (all students) | $29,846 / year |
| Estimated 4-Year Cost | $119,383 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
Your price depends heavily on your family income and the aid you qualify for. See the Drake net price page for a fuller breakdown of what you might actually pay.
What Drake costs you depends on how much aid you receive, so few students fit perfectly into averages.
Here is how the estimated 4-year cost of a Drake degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $260,252 | — | — |
| All Students | $119,383 | #2,688 | A |
| Only Students Receiving Aid | $116,508 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $260,252 | — | — |
| All Students | $119,383 | #48 | B |
| Only Students Receiving Aid | $116,508 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at Drake shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $27,372 |
| $30K–$48K | $25,335 |
| $48K–$75K | $26,358 |
| $75K–$110K | $32,215 |
| Over $110K | $32,993 |
About 98% of Drake undergraduates receive grant or scholarship aid, averaging $33,072 per year. Get more details on the Drake financial aid you may qualify for.
College Factual determines value by weighing a school’s average total cost against its educational quality, then comparing it to other schools in the same quality tier. See the Drake net price page for the cost detail.
Read the full Best for the Money Ranking Methodology.