Drake University Tuition And Expenses
| Cost of Attendance | $54,020 |
|---|---|
|
Tuition and Fees |
$39,062 |
|
Room and Board |
$10,158 |
|
Books and Supplies |
$1,100 |
|
Other Expenses |
$3,700 |
| Payment Plans | Credit card, installment plan, deferred payment |
Drake University Applying For Financial Aid
| Web Site | Financial Aid Web Site |
|---|---|
| Net Price Calculator URL | Net Price Calculator URL |
| Application Deadline | |
|---|---|
| Award Notification | On a rolling basis beginning January 1 |
| Methodology for Awarding Institutional Aid | Federal Methodology |
| Forms Required | Cost to File |
|---|---|
| FAFSA Code is 001860 | Free |
Drake University Profile Of 2016-17 Financial Aid
| Financial Aid Applicants | 657 (85.9%) of freshmen |
|---|---|
| Found to Have Financial Need | 522 (79.5%) of applicants |
| Received Financial Aid | 522 (100.0%) of applicants with financial need |
| Need Fully Met | 152 (29.1%) of aid recipients |
| Average Percent of Need Met | 76% |
| Average Award | $26,153 |
|
Need-Based Gift |
Received by 510 (97.7%) of aid recipients, average amount $20,124 |
|
Need-Based Self-Help |
Received by 411 (78.7%) of aid recipients, average amount $4,887 |
|
Merit-Based Gift |
Received by 125 (23.9%) of aid recipients |
| Merit-Based Gift | 199 (26.0%) of freshmen had no financial need and received merit aid, average amount $16,178 |
| Financial Aid Applicants | 2,200 (71.2%) of undergraduates |
|---|---|
| Found to Have Financial Need | 1,816 (82.6%) of applicants |
| Received Financial Aid | 1,816 (100.0%) of applicants with financial need |
| Need Fully Met | 490 (27.0%) of aid recipients |
| Average Percent of Need Met | 79% |
| Average Award | $27,171 |
|
Need-Based Gift |
Received by 1,781 (98.1%) of aid recipients, average amount $18,979 |
|
Need-Based Self-Help |
Received by 1,542 (84.9%) of aid recipients, average amount $7,552 |
|
Merit-Based Gift |
Received by 332 (18.3%) of aid recipients |
| Merit-Based Gift | 1,038 (33.6%) of undergraduates had no financial need and received merit aid, average amount $14,399 |
| 2016 Graduates Who Took Out Loans | 63% |
|---|---|
| Average Indebtedness of 2016 Graduates | $33,649 |
| Parents Borrowing PLUS Loans | |
|
Parents of Students
Receiving Aid |
20.0% |
|
Parents of Students Not
Receiving Aid |
5.0% |
Drake University Financial Aid Programs
| Federal Loans | Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans |
|---|---|
| State Loans | |
| Other Loans | College/university loans, Health Professions Student Loans (HPSL) |
| Need-Based Available | Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships |
|---|---|
| Non-Need–Based Available | Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, Minority scholarships, State scholarships, ROTC scholarships, Alumni affiliation scholarships |
| Academic Interest/Achievement Award Areas | Not reported |
|---|---|
|
Number of Awards |
2,540 |
|
Top Areas (By Money
Awarded) |
|
| Creative Arts/Performance Award Areas | Art/Fine Arts, Music, Theater/Drama |
|
Number of Awards |
302 |
|
Top Areas (By Money
Awarded) |
|
| Special Achievements/Activities Award Areas | Not reported |
|
Number of Awards |
Not reported |
|
Top Areas (By Money
Awarded) |
|
| Special Characteristics Award Areas | Children and Siblings of Alumni, International Students |
|
Number of Awards |
212 |
|
Top Areas (By Money
Awarded) |
| Work-Study Programs | Federal work study available |
|---|---|
| Average Earnings from On-Campus Employment | $1,917 |