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Drake Tuition Guarantee: One price means clarity, certainty, and savings.

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


2019–2020 Tuition Guarantee

First-year and transfer students: $42,694 

2018–2019 Room, Board, and Fees*

Room (double occupancy): $5,692
Board: $4,836
Student activity fee: $146

Total: $53,368

Please note that the cost of room and board is not fixed and may fluctuate. The 2019-2020 Room, Board & Fees will be announced February 2019, “Total" cost was calculated as an estimate based on the current 2018-2019 Room, Board & Fees and 2019-2020 Tuition Guarantee rates.


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 2019, as well as undergraduate transfer students entering in Spring 2020. 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. For the purpose of I-20 issuance, international students will need to prove enough funding to cover the initial-year costs of tuition, fees, room, board, books, supplies, personal expenses, and health insurance.

Important Admission Dates

Monday-Friday - Schedule an individual visit to tour Drake

Now - Entering first year and transfer students can apply for fall 2019

October 18 - Campus Preview Half-Day

October 19 - Campus Preview Half-Day

October 26 - Music Audition Day

November 9 - Health Professions Visit Day

November 9 - Music Audition Day

November 12 - Campus Preview Day