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Costs & Financial Aid

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 $6 million in scholarships annually. More than 60 percent of Drake Law students receive scholarships, and more than 90 percent receive government-funded loans. 

2021-2022 Costs

JD Program

 Annual Tuition and Fees:

Tuition:     $44,600*    
Fees: $112
Total: $44,712

*$1,538 per credit hour for less than full-time (less than 10 credits).

(Tuition cost per semester: $22,300)

Estimated JD student budget:

Tuition: $44,600
Fees: $112
Living Expenses (estimate): $15,165
Books (estimate): $2,000
Loan Fee (estimate): $1,024
Total: $62,901  

MJ Program

Cost per credit hour for the MJ in Individualized Legal Studies program is $850.

For the online MJ in Compliance and Risk Management cost, please access here.

Loans are available for students who enroll in 5 credits or more per semester.

LLM Program

Annual Tuition and Fees:

Tuition:     $44,600*    
Fees: $112
Total: $44,712

*$1,538 per credit hour for less than full-time (less than 10 credits).

(Tuition cost per semester: $22,300)

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 October 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 withdraws 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

Drake University Veterans' Benefits

FAFSA Website

Federal PIN Registration

Financial Aid Calculators

Income Based Repayment

Mapping Your Future

Student Financial Aid

Student Guide to Federal Aid

Free Personal Finance Tool

 


Questions? Contact the Office of Admission and Financial Aid at 515-271-2782 or law-admit@drake.edu.

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