Skip Sub Menu

Tuition Exchange

Drake University participates in the Tuition Exchange Program, along with over 670 other member schools.

Students entering Drake in fall 2021 and after and who are approved for Tuition Exchange will receive an award equal to the Tuition Exchange Program's Set Rate. Tuition Exchange awards replace all other tuition-specific awards offered from the University. The Tuition Exchange award does not cover room & board, fees (including tuition overload fees) or other charges, and cannot be used for travel courses or study abroad.

Applications submitted at must be approved by the “export” institution before they are routed to Drake University. Drake’s deadline to receive “import” applications is December 1st. Applicants should ensure they meet the export institution’s application deadline and/or allow sufficient time for that institution to approve the application ahead of Drake’s December 1st  deadline.

The number of Tuition Exchange awards offered each year is limited. Complete and timely applications are considered in the following order until available awards are exhausted:

  1. Renewal awards for current Drake students
  2. New awards for current Drake students
  3. Renewal awards for former Drake students with remaining eligibility
  4. New awards for prospective Drake students. Preference may be given to those with financial need; we encourage all applicants to complete the FAFSA


University News