The 2025 tuition & fees of Drake University is $51,960 and the 2025 graduate school tuition & fees is $12,825. Its undergraduate tuition & fees is much higher than the average tuition for Doctoral / Research University (not R1, R2)' tuition of $30,771.
Based on the last year increase rate, The 2026 estimated tuition & fees at Drake is $54,057 for Iowa residents and $54,057 for out-of-state students, a 4.0% increase compared to 2025's rate.
| Year | Tuition & Fees | Doctoral / Research University (not R1, R2)' Average |
|---|---|---|
| 2023-2024 | $49,944 | $30,055 |
| 2024-2025 | $51,960 | $30,771 |
| Change % 2024-2025 | 4.04% | 2.38% |
| 2025-2026 Estimate | $54,057 | $31,504 |
The living costs at Drake is $15,602 when living on campus. The on-campus living costs decreased by 2.71% compared to the previous year. The off-campus living costs increased by 0.18%.
The Drake's 2025 COA is $68,072 for on-campus living and off-campus COA is $66,474.
97% of enrolled students have received grants or scholarships, and the average aid amount is $33,072. It could cover 63.65% of the full tuition amount.
After receiving the financial aid, the net price is $35,000.
| On-Campus | Off-Campus | |
|---|---|---|
| Tuition & Fees | $51,960 | |
| Room & Board | $12,452 | $10,701 |
| Personal Expenses | $3,150 | $3,303 |
| Books & Supplies | $510 | |
| COA | $68,072 | $66,474 |
| COA with Financial Aid | $35,000 | $33,402 |
Drake's 4-years tuition is $212,929, based on current tuition and change rate.
Since the tuition & fees at Drake University have risen very slightly (very lower than national average) over the last 4 years, the actual costs may differ from the estimation based on the school or University system's new tuition policy.
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total | |
|---|---|---|---|---|---|---|
| Class of 2029 | Fall 2025 | $52,464 | $52,973 | $53,487 | $54,006 | $212,929 |
| Class of 2030 | Fall 2026 | $52,973 | $53,487 | $54,006 | $54,529 | $214,994 |
| Class of 2031 | Fall 2027 | $53,487 | $54,006 | $54,529 | $55,058 | $217,080 |
| Class of 2032 | Fall 2028 | $54,006 | $54,529 | $55,058 | $55,592 | $219,186 |
| Class of 2033 | Fall 2029 | $54,529 | $55,058 | $55,592 | $56,132 | $221,312 |
Based on recent tuition increase rate, for the students who were admitted in Fall 2025, the estimated 4-years COA is $275,193.
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total | |
|---|---|---|---|---|---|---|
| Class of 2029 | Fall 2025 | $68,320 | $68,616 | $68,949 | $69,308 | $275,193 |
| Class of 2030 | Fall 2026 | $68,616 | $68,949 | $69,308 | $69,689 | $276,562 |
| Class of 2031 | Fall 2027 | $68,949 | $69,308 | $69,689 | $70,086 | $278,032 |
| Class of 2032 | Fall 2028 | $69,308 | $69,689 | $70,086 | $70,497 | $279,581 |
| Class of 2033 | Fall 2029 | $69,689 | $70,086 | $70,497 | $70,920 | $281,192 |
After receiving the financial aid, the net price for 4 years of attending the school is $142,905.
| Admission Year | Freshmen | Sophomore | Junior | Senior | 4 Years Total | |
|---|---|---|---|---|---|---|
| Class of 2029 | Fall 2025 | $35,248 | $35,544 | $35,877 | $36,236 | $142,905 |
| Class of 2030 | Fall 2026 | $35,544 | $35,877 | $36,236 | $36,617 | $144,274 |
| Class of 2031 | Fall 2027 | $35,877 | $36,236 | $36,617 | $37,014 | $145,744 |
| Class of 2032 | Fall 2028 | $36,236 | $36,617 | $37,014 | $37,425 | $147,293 |
| Class of 2033 | Fall 2029 | $36,617 | $37,014 | $37,425 | $37,848 | $148,904 |
The graduate school tuition at Drake University is $12,825. Detailed graduate program tuition and majors can be found at Drake graduate program page.
Drake University has a law school and its tuition is different from other graduate programs, usually higher. The law school tuition is $52,968. See the detailed law school tuition at Drake University Law School page.
| Year | Gradaute Tuition & Fees |
|---|---|
| 2023-2024 | $12,777 |
| 2024-2025 | $12,825 |
| Change % 2024-2025 | 0.38% |
| 2025-2026 | $12,873 |
For part-time and/or full-time students who take additional credits at Drake is $1,400. The graduate tuition per credit hour is $670.
| Year | Tuition Per Credit Hour | |
|---|---|---|
| Undergraduate | 2023-2024 | $1,325 |
| 2024-2025 | $1,400 | |
| 2025-2026 (Estimate) | $1,479 | |
| Graduate | 2023-2024 | $667 |
| 2024-2025 | $670 | |
| 2025-2026 (Estimate) | $673 |
The following charts visualize tuition, fees, living costs, and other expenses at Drake. You can enlarge the chart to view detailed information.
The following table compares tuition & fees between Drake University and its similar schools.
| In-State | Out-of-State | |
|---|---|---|
| Drake University | $51,960 | |
| Southern Illinois University-Carbondale | $13,334 | $13,334 |
| Bradley University | $42,160 | |
| University of Evansville | $44,172 | |
| Missouri State University-Springfield | $9,502 | $18,770 |
| Valparaiso University | $48,450 | |
The projected 4-year cost for a degree is approximately $275,193. The tuition and fees are around $54,006 per year, totaling about $212,929 over four years.
The undergraduate tuition at Drake is much higher than the average for similar schools ($34,925 - private (not-for-profit) Doctoral / Research University).
The graduate tuition at Drake is lower than the average for similar schools ($19,517 - private (not-for-profit) Doctoral / Research University).
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