Drake University: Tuition & Loans

Overall Rating:Overall Ranking - Very GoodQuality:Education Quality Rating - OustandingSafety:Capmus Safety Rating - Very BadCosts:Tuition & Fees Cost Rating - Poor
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Tuition and fees per year
$33,800
High
Average tuition cost at Drake University is extremely high - around $33,600 per academic year. The additional fees at Drake University not covered by tuition are around $200; which comes to a total of $33,800 per academic year.

If you are considering a more affordable option in Iowa, try the Affordable Colleges in Iowa ranking. The chart below shows Drake University tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in Drake University and Competing Colleges

Drake University Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at Drake University is $1,100 a year; this is a good bargain if compared to other colleges in Iowa.

FAFSA Application

FAFSA Code
2017-2018
001860
If you anticipate to file your FAFSA application for Federal Student Aid, the school code for Drake University is 001860. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides money for college to eligible applicants. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
2%
Low
The government reported that the median federal student loan amount for Drake University is approximately $7,900.

At the same time, 2% of the recent Drake University graduates have failed to maintain their federal student loan repayments. This rate of loan repayment defaults (2%) is extremely low and might lead to a conclusion that Drake University graduates have excellent career perspectives.

Learn More About Drake University

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