FourYearCost

Drake University

Des Moines, IAPrivate nonprofitRank 644 of 1,732Traditional rank 441 of 1,156

Avg freshman grant · 2022-23
$31,783
728 recipients
Avg grant, later years · 2022-23
$30,020
2,034 recipients
The drop
$1,763
5.5% of the freshman average

Freshman grant vs later years

Freshman year$31,783Later years$30,020

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$27,372
$30–48k$25,335
$48–75k$26,358
$75–110k$32,215
$110k+$32,993

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$47,912
Tuition and fees (in-state), 2023-24$49,944
Change$2,032 (+4.2%)
On-campus room and board, 2023-24$11,858

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$41,3962018-19$42,8402019-20$44,3662020-21$45,9622021-22$47,9122022-23$49,9442023-24

Published tuition and required fees, +20.6% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$29,5072020-21$30,3332021-22$30,8862022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years77%
Full-time freshman retention (return for year 2)84%
Freshmen receiving Pell Grants25%
Freshmen taking federal loans52%
Average federal loan (freshmen who borrow)$5,433
Aid drop one year earlier (2021-22)$2,356

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all IA colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Graceland University-Lamoni$30,218$4,575
Buena Vista University$34,333$15,679
Mount Mercy University$28,628$4,111
Simpson College$35,240$1,685
Clarke University$27,219$1,826

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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