Admissions and Test Scores
Acceptance Rate
64.13%
SAT Average
1,288
ACT Range
24-30
Drake University Acceptance Rate Trend
The current College Scorecard value in this local dataset is 64.13%. This means approximately 641 applicants were admitted per 1,000 who applied, based on the local dataset enrollment of 2,669 undergraduates. Historical year-by-year acceptance rate data will appear here after multi-year College Scorecard releases are imported.
Current dataset
64.13%
Current trend marker with historical import pending
Tuition, Net Price and Aid
| Metric | School value | Context | Source |
|---|---|---|---|
| Accreditation | Higher Learning Commission | Institutional accreditor where reported | Verify |
| In-state tuition | $49,944 | National avg: $20,567 | Verify |
| Out-of-state tuition | $49,944 | National avg: $20,567 | Verify |
| Attendance cost | $62,407 | Use with aid and net price | Verify |
| Average net price | $30,042 | State avg: $17,049. National avg: $17,506 | Verify |
| Pell grant rate | 20.95% | Federal need-based grant indicator | Verify |
| Federal loan rate | 47.09% | Share using federal loans | Verify |
What Does Drake University Cost?
Total cost of attendance vs average net price after grants and aid, based on the local College Scorecard dataset.
Tuition
$49,944
Room and board
$11,858
Books and supplies
$1,100
Other expenses
$4,178
Fees and remainder
$0
Sticker price
$62,407
Average net price
$30,042
Average aid coverage
52%
$32,365 below sticker price on average
What You Pay
Based on available data, the average student at Drake University pays approximately $30,042 per year after grants and aid. This is above the Iowa average of $17,049 and above the national average of $17,506.
How Affordable Is Drake University?
Average net price after grants and scholarships, compared to Iowa and national averages.
Drake University net price
$30,042
Iowa average
$17,049
National average
$17,506
Drake University Tuition and Net Price Trend
The current imported dataset shows tuition at $49,944 and average net price at $30,042. A multi-year trend chart will appear here after historical College Scorecard release tables are imported.
Current tuition
$49,944
Current net price
$30,042
Current-year comparison is shown now; historical bars will replace this fallback once multi-year College Scorecard releases are imported.
Student Outcomes
Completion Rate (150% Time)
77.31%
Full-time, first-time students completing within 150% of normal time.
10-Year Earnings
$71,901
Undergraduates
2,669
10-Year Median Earnings - Drake University vs Peers
Median earnings 10 years after enrollment. Source: College Scorecard federal dataset.
Drake University graduates earn about 1.6x the national average 10 years after enrollment, based on schools with reported earnings data.
Who Attends Drake University?
Undergraduates
2,669
Completion rate
77.31%
Above national average; national avg: 52.02%
Pell recipients
20.95%
Below national average; national avg: 42.32%
Federal loan rate
47.09%
Above national average; national avg: 40.83%
Completion vs national average
Pell grant recipients
Federal loan usage
Financial Aid
About 20.95% of Drake University students receive federal Pell grants, indicating the share of students receiving this need-based aid in the local dataset. 47.09% take federal loans, which helps families understand borrowing patterns alongside net price.
Estimate Your Net Price at Drake University
Select a family income bracket to see the average net price students in that range paid. Data comes from College Scorecard income-bracket averages when available.
Estimated net price for :
This estimate is based on College Scorecard averages for students in this income range who received federal aid. Actual amounts vary. Use Drake University's official Net Price Calculator for a personalized figure.
Accreditation
Drake University lists Higher Learning Commission as its accreditor in the local dataset. Institutional accreditation is an important trust signal and can affect federal financial aid eligibility. Accreditation means an external agency has reviewed academic quality and institutional standards, which helps families verify whether federal aid pathways such as Pell grants and federal loans may apply.
Visit AccreditorCampus and Location
Drake University is listed at 2507 University Avenue, Des Moines, IA 50311-4505. Accreditor: Higher Learning Commission.
Compare Schools
Compare Drake University with nationally comparable peer institutions across acceptance rate, tuition, net price and 10-year earnings. Click any school name to open its full profile.
| School | Accept. rate | Out-of-state tuition | Avg net price | 10-yr earnings |
|---|---|---|---|---|
| Drake University | 64.13% | $49,944 | $30,042 | $71,901 |
| Allen College | Not available | $20,444 | Not available | $71,261 |
| University of Iowa | 84.67% | $32,927 | $21,398 | $64,762 |
| Iowa State University | 89.13% | $27,683 | $18,165 | $63,386 |
| Grinnell College | 12.68% | $64,862 | $15,608 | $62,830 |
Similar Schools in Des Moines
This local cluster focuses on nearby Des Moines schools, not national peers. Use it to compare local net price, acceptance rate and enrollment options around Des Moines.
Frequently Asked Questions
What is Drake University's acceptance rate?
Drake University's acceptance rate in the local dataset is 64.13%.
How much is Drake University tuition?
Drake University's out-of-state tuition in the local dataset is $49,944.
What is Drake University's average net price?
Drake University's average net price in the local dataset is $30,042.
What does Drake University cost for families earning under $30,000?
College Scorecard income-bracket data shows an average net price of $27,372 for Drake University students from families earning under $30,000. Actual costs vary; use the official net price calculator for a personalized estimate.
What is Drake University's average earnings 10 years after enrollment?
The local dataset reports 10-year median earnings of $71,901 for Drake University.
Is Drake University accredited?
Drake University's accreditor in the local dataset is Higher Learning Commission.
How many students attend Drake University?
The local dataset lists 2,669 undergraduate students at Drake University.
What percentage of Drake University students receive Pell grants?
The Pell grant rate for Drake University in the local dataset is 20.95%.
What is the federal loan rate at Drake University?
The federal loan rate for Drake University in the local dataset is 47.09%.
Where should I verify Drake University data?
Use this page for comparison, then verify admissions, tuition, net price and student outcomes directly with Drake University or the latest official federal education data.