Financial Aid
Tuition, fees, and financial assistance information for Drake University
In-State Tuition
$49,466
Out-of-State Tuition
$49,466
Average Net Price
$30,886
Price Difference
$18,580
Avg. financial aid
Tuition & Fees
Annual tuition for residents of IA
Annual tuition for non-residents
Average amount students pay after grants and scholarships
Net Price by Family Income
Average net price for students receiving Title IV federal financial aid (2022-23)
$0 - $30,000
$27,372
$30,001 - $48,000
$25,335
$48,001 - $75,000
$26,358
$75,001 - $110,000
$32,215
Over $110,000
$32,993
Financial Aid Overview
For first-time, full-time undergraduate students (2022-23)
Students Receiving Any Financial Aid
728 of 731 students
Grants & Scholarships
Recipients
728 (100%)
Average Award
$31,783
Federal Pell Grants
Recipients
184 (25%)
Average Award
$5,088
Aid by Source
State & Local Grants
118 recipients (16%)
$7,537 avg
Institutional Grants
728 recipients (100%)
$28,667 avg
Student Loans
Federal student loan data for all undergraduates (2022-23)
Total Borrowers
1,335
47% of students
Average Loan Amount
$6,396
Financial Aid Resources
Net Price Calculator
Estimate your actual cost after financial aid
Financial Aid Office
Learn about available aid programs and apply
FAFSA Information
Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.
Apply for FAFSA →Payment Plans Available
Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
5152712011Federal School Codes
Use these codes when applying for federal financial aid