[Last update: December 11, 2025]

2,619 students (97% of total 2,702 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Drake University (Drake). The average amount of the aid awarded is $33,072.

For the first-time, full-time beginning students (freshmen), 100% of total 638 enrolled students have received any kind of financial aid and its average amount of aid received is $35,498.

All Undergraduate Financial Aid

At Drake University, 2,619 undergraduate students (97% of total 2,702 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $33,072.

Financial Aid Statistics (All Undergraduate Students) - Drake
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,61997% $86,615,997$33,072
Pell Grants58622% $3,398,833$5,800
Federal Student Loan1,20144% $7,899,619$6,578

Beginning Undergraduate Students (Freshmen) Financial Aid

636 beginning undergraduate students (100% of total 638 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Drake University. The average amount of aid received is $35,498.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Drake
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid636100% --
Grants or Scholarships636100%$22,576,713$35,498
Federal Grants16726%$1,358,197$8,133
Pell Grants15725%$933,143$5,944
Other Federal Grants16426%$425,054$2,592
State/Local Grants13421%$1,003,324$7,487
Institutional Grants636100%$20,215,192$31,785
Student Loan Aid31850%$3,212,127$10,101
Federal Student Loans31049%$1,677,033$5,410
Other Student Loans7712%$1,535,094$19,936

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