Billing, Payments, and Deadlines

Payment for the Fall 2025 term is due August 11th. To view semester starts dates please view the Academic Calendar.

One or more payment options are available to students with account balances not covered by pending financial aid, depending on the circumstances:

Payment in full

Students and authorized users may pay outstanding balances online using the online payment portal. It can be found by going to the Student Account and Financial Aid section on the student page in myDrake and selecting Make a Payment.
Electronic checks and all major credit cards are accepted. Please note that a 3.0% convenience fee is charged for credit card payments for tuition and fees.
International payments; we have partnered with TransferMate to provide seamless international payments through your online student account. Log into your student account, select Make A Payment, choose TransferMate from the dropdown menu, and follow prompts. Need more help? Watch this video or download TransferMate Instructions.
Payments may also be made in person at the Cashier Office, 104 Carnegie Hall.
Payment by check may be mailed to the Cashier Office, 104 Carnegie Hall, Drake University, 2507 University Ave., Des Moines, IA 50311
Please note that checks will be deposited on the date received. The Cashier office will not hold post-dated checks.
Monthly late charges of 1.5% of the unpaid balance may be added to student accounts with unpaid balances after the payment due date for the term.

Payment Plans

Students and authorized users may set up a payment plan using the online payment portal. It can be found by going to the Student Account and Financial Aid section on the student page in myDrake and selecting Make a Payment.
There are plans available for the Fall, Spring, and Summer terms. Fall payment plan payments are due September 1, October 1, November 1, and December 1. Spring payment plan payments are due February 1, March 1, April 1, and May 1. Summer payment plan payments are due June 1 and July 1.
Payment plan sign up becomes active once your electronic bill is sent, about 4 weeks before the semester begins. Each semester you want to participate in the plan you must sign up, your fall sign up will not carry into the spring semester etc.
A non-refundable $30 setup fee must be paid at the time the payment plan is set up.
A $25 late fee will be charged for each installment not paid on time.
Payment Plans must be set up by the tenth business day of the term.

Tuition Waiver

Drake University employees and their dependents may be eligible for a waiver covering all or a portion of their tuition. Fees, including the activity fee, technology fee, holistic wellness fee, and music fees, are not covered by the waiver.
Full information and forms are available on the Human Resources website.

Employer Deferment

Drake graduate students receiving tuition benefits from their employers may apply for an employer deferment by going to the Student Account and Financial Aid section on the student page in myDrake and selecting Employer Tuition Deferment.
A non-refundable $35 setup fee must be paid at the time the deferment is requested.
Employer Deferment Plans must be set up by the tenth business day of the term.

Tuition and Fee charges will be assessed to students by the beginning of each term and thereafter upon enrollment.
It is the responsibility of students who have enrolled and registered for classes and have subsequently changed their plans to add/drop courses online as necessary to avoid liability for associated charges.
Courses added to the student schedule after the initial enrollment period for the term will assessed at 100% of the applicable tuition and fee charges. Tuition and fees will not be pro-rated.
Room and Board charges, including any applicable cancellation charges, will be assessed according to the terms of the contract signed by students living in campus housing.
STUDENTS WILL BE LIABLE TO PAY TUITION AND FEE CHARGES FOR COURSES THEY HAVE NOT DROPPED ON A TIMELY BASIS.

E-Bills

E-bill statements for current terms will be generated on a regular basis once charges are assessed for each term.
E-Bills may be viewed on myDrake by going to the Student Account and Financial Aid section and selecting Make a Payment.
E-Bills do not update once they have been generated. The Current Account balance, which is also available in myDrake by going to the Student Account and Financial Aid section and selecting Make a Payment, is a better place to view up to date account information.
The Student Accounts office will be happy to assist students with questions concerning any item on the e-bill, but may need to refer the student to the office where the charge originated.