Paying for Drake
Undergraduate Tuition & Fees
$51,960
Graduate Tuition & Fees
$12,825
On-campus Living Costs
$15,602
Off-campus Living Costs
$14,004
Undergraduate Tuition per Credit Hour
$1,400
Graduate Tuition per Credit Hour
$670
The 2025 tuition & fees of Drake University are $51,960 for undergraduate programs. For graduate programs, the tuition & fees are $51,960 for graduate programs.
Compared to Private (not-for-profit), 4-Years Colleges in Iowa, the undergraduate tuition & fees are expensive and the graduate tuition & fees are average.
Compared to similar schools in rankings such as Drexel University and American University, tuition & fees of Drake University is average where the average tuition & fees of the schools are $54,063.
The average living cost of the school is $15,602 when a student lives in on-campus housing. When a student lives off-campus, the average living cost is $14,004.
*Data Source: 2024-2025 Tuition & Fees - NCES (Last Update: 6/05/2025)
2025 Tuition and Comparison Chart
The following chart visualizes the Drake's 2025 tuition & fees and compares to similar schools by school type, level, and location.
2025 Tuition & fees
The 2025 undergraduate tuition & fees at Drake University are $51,960 on average over undergraduate programs. The undergraduate tuition & fees have increased by 4.04% from last year.
The 2025 graduate tuition & fees are $12,825 on average. The graduate tuition & fees have increased by 0.38% from last year.
The following table and chart show the 2025 tuition & fees and the tuition trends over the last 5 years.
| Year | Undergraduate | Graduate | ||
|---|---|---|---|---|
| Tuition | Fees | Tuition | Fees | |
| 2021 | $44,188 | $178 | $44,188 | $178 |
| 2022 | $45,734 | $178 | $45,734 | $178 |
| 2023 | $47,564 | $178 | $47,564 | $178 |
| 2024 | $49,466 | $478 | $49,466 | $478 |
| 2025 | $51,444 | $516 | $51,444 | $516 |
Living Costs
The 2025 average on-campus living costs is $15,602 including room & board and other living expenses (a student lives in on-campus housing such as dormitory and school-owned apartment). For students living in off-campus housing, the average living cost is $14,004.
The living cost at the school has decreased by 0.97% from last year.
The following table and chart show the living costs changes over the last 5 years.
| Year | On-Campus | Off-Campus | ||
|---|---|---|---|---|
| Room & Board | Other Expenses | Room & Board | Other Expenses | |
| 2021 | $11,152 | $3,700 | $11,152 | $3,700 |
| 2022 | $11,288 | $3,825 | $11,288 | $3,825 |
| 2023 | $11,570 | $3,150 | $11,570 | $3,825 |
| 2024 | $11,858 | $4,178 | $9,360 | $4,619 |
| 2025 | $12,452 | $3,150 | $10,701 | $3,303 |
Books & Supplies Costs Trends Chart
The 2025 average cost for purchasing books & supplies is $510 at Drake University. The books & supplies cost has decreased by 0.46% from last year.
The following table and chart show the 2025 books & supplies costs and the trends over the last 5 years.
| Year | Books & Supplies Costs |
|---|---|
| 2021 | $1,100 |
| 2022 | $1,100 |
| 2023 | $1,100 |
| 2024 | $1,100 |
| 2025 | $510 |
Tuition Per Credit Hour
The 2025 undergraduate tuition per credit hour at Drake University is $1,400 on average over undergraduate programs. The undergraduate tuition per credit hour has increased by 5.66% from last year.
The 2025 graduate tuition per credit hour is $670 on average. The graduate tuition per credit hour has increased by 0.45% from last year.
The following table and chart show the 2025 tuition per credit hour and its trends over the last 5 years.
| Year | Undergraduate | Graduate |
|---|---|---|
| 2021 | $1,133 | $649 |
| 2022 | $1,246 | $652 |
| 2023 | $1,271 | $660 |
| 2024 | $1,325 | $667 |
| 2025 | $1,400 | $670 |