Tuition & Fees


One price means clarity, certainty, and savings. 

The full-time tuition price when you walk in the door as a Bulldog in Fall 2017 will be the same as when you stride across the graduation stage, bachelor’s degree in hand, ready to take on the world.

2017–2018 Tuition

First-year and transfer students: $38,916

2016–2017 Room, Board, and Fees*

Room (double occupancy): $5,300
Board: $4,550
Student activity fee: $146

*Drake sets room and board costs each January; above are the current year’s figures for reference.

It’s all part of the University’s innovative new plan for pricing tuition, designed to help families better plan for educational expenses while saving students money over the course of their Drake education.

With the Tuition Guarantee, you will receive an exceptional Drake education at a fixed tuition cost that will not change during your four years at Drake.

What does this mean to you?

Clarity: Your tuition cost is locked

You will receive an exceptional Drake education at a fixed tuition cost that will not change during your four years at Drake. When you plan for educational expenses, you’ll know exactly what tuition will cost throughout your undergraduate experience.

Certainty: No surprises

Locking in your tuition cost means no surprises. You will know exactly what your tuition will be each year, because that number will not increase.

Savings: Exceptional education at an outstanding value

Drake’s Tuition Guarantee will save you money on the total cost of your education. How much? Tuition and fees at peer institutions increased an average of 17.5 percent over the last four years. Also, with the Guarantee your renewable scholarships and grants will retain their value year over year rather than diminishing as tuition rises. At Drake, 98 percent of undergraduates receive financial aid from the University, with the average award being $19,090.

Questions? Review the Frequently Asked Questions or contact the Office of Admission or Office of Student Financial Aid. 

Comprehensive Drake University Summary of Tuition and Fees 

Note: The Tuition Guarantee is available to undergraduate first-year/transfer students entering in Fall 2017, as well as undergraduate transfer students entering in Spring 2018. The Guarantee does not apply to part-time students or those in graduate/professional programs, but is available to pre-pharmacy students as first-years and sophomores. Please note that the cost of room and board is not fixed and may fluctuate. 

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