Costs & Financial Aid
With tuition and debt levels well below the national average for private institutions, Drake Law School has been named a Best Value Private Law School by PreLaw Magazine.
Drake Law School provides a legal education that is not only exceptional, but affordable. Our students graduate with 14 percent less debt than the national average for private law school graduates.
We also award more than $4 million in scholarships annually. More than 60 percent of Drake Law students receive scholarships, and more than 90 percent receive government-funded loans.
2018-19 Costs
JD Program
Annual Tuition and Fees:
| Tuition: | $41,400* |
| Fees: | $112 |
| Total: | $41,512 |
*$1,427 per credit hour for less than full-time (less than 10 credits).
(Tuition cost per semester: $20,700)
Estimated JD student budget:
| Tuition: | $41,400 |
| Fees: | $112 |
| Living Expenses (estimate): | $18,710 |
| Books (estimate): | $2,000 |
| Loan Fee (estimate): | $1,430 |
| Total: | $63,652 |
MJ Program
Cost per credit hour for the MJ program is $850.
Loans are available for students who enroll in 5 credits or more per semester.
If a student earns at least six credits in law school courses towards an MJ and the student is later accepted into the JD program, the law school will provide a one-time scholarship for the JD program for the amount the student paid for up to six law school MJ credits.
This scholarship would be granted in addition to any other scholarship but the combined scholarships may not exceed the cost of tuition.
LLM Program
Annual Tuition and Fees:
| Tuition: | $41,400* |
| Fees: | $112 |
| Total: | $41,512 |
*1,427 per credit hour for less than full-time (less than 10 credits).
(Tuition cost per semester: $20,700)
Loans are available for students who enroll in 5 credits or more per semester.
Financial Aid
The financial assistance program at Drake is intended to provide you with the resources to finance your legal education completely.
Students wishing to borrow loans must file a Free Application for Federal Student Aid (FAFSA) online at https://fafsa.ed.gov/ and request the analysis be sent to Drake University (School Code: 001860). The FAFSA can be filed as early as Oct. 1 but financial aid packages will not be available until early February. Loan eligibility will be determined after the FAFSA analysis is received at Drake.
Refund Policy
In the event that a student withdrawals or is dropped from enrollment due to non-payment, the student will receive a refund of tuition based on the University's refund schedule.
Learn more about Drake University's Drop, Withdrawal, and Refund Policy.
Additional Resources
Drake Law School Loan Information
Drake Law School Scholarships
FAFSA Website
Federal PIN Registration
Financial Aid Calculators
Income Based Repayment
Income-Driven Repayment Plans for Federal Student Loans
Mapping Your Future
Student Financial Aid
Student Guide to Federal Aid
Questions? Contact the Office of Admission and Financial Aid at 515-271-2782 or law-admit@drake.edu.
