Drake University

Masters Colleges and Universities

Add Comparison

2016 Undergraduate Tuition

$35,060

4.5% growth from 2015

2016 Average Net Price

$28,088

After Financial Aid

2015 Student Loan

1.82%

Default Rate

2016 Acceptance Rate

68.9%

4,959 Applicants

2016 Enrolled Students

5,001

79.3% Full-Time

2016 Graduation Rate

76.8%

580 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Drake University is a higher education institution located in Polk County, IA. In 2016, the most popular Bachelor's Degree concentrations at Drake University were General Marketing & Marketing Management (71 degrees awarded), Other Pharmacy, Pharmaceutical Sciences, & Administration (53 degrees), and Actuarial Science (47 degrees).

In 2016, 1,505 degrees were awarded across all undergraduate and graduate programs at Drake University. 57.7% of these degrees were awarded to women, and 42.3% awarded men. The majority of degree recipients were white (1,218 degrees), 21.4 times more than then the next closest race/ethnicity group, asian (57 degrees).

The median undergraduate tuition at Drake University is $35,060, which is $14,900 more than the national average for Masters Colleges and Universities ($20,160).

Photo by Alex Proimos

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

The median undergraduate tuition at Drake University is $35,060, which is $14,900 more than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $28,088.

In 2016, 95% of undergraduate students received federal grants, while 51% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$35,060

2016 Undergraduate Tuition

In 2016, the cost of tuition at Drake University was $35,060. The cost of tuition at Drake University is $14,900 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

This chart compares the tuition costs of Drake University (in red) with those of other similar universities.

View Data
Save Image
Add Data to Cart

Average Net Price

$28,088

2016 Value

1.58%

1 Year Growth

In 2016 Drake University had an average net price — the price paid after factoring in grants and loans — of $28,088. Between 2015 and 2016, the average net price of Drake University grew by 1.58%.

This chart compares the average net price of Drake University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

View Data
Save Image
Add Data to Cart

Other Student Expenses

$9,596

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Drake University was of $9,596 in 2016. During the same period, the average yearly cost of books and supplies was $1,100. The cost of room and board increased by 3.52% between 2015 and 2016. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Drake University (in red) with that of similar universities.

View Data
Save Image
Add Data to Cart

Financial Aid

Financial Aid by Income Level

95%

Of Undergraduates Receive Grants

51%

Of Undergraduates Receive Federal Loans

95% of undergraduate students at Drake University received grants or loans in 2016. This represents a growth of 1.06% with respect to 2015, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Drake University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

View Data
Save Image
Add Data to Cart

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.82%

2015 Default Rate

20

Number of Defaults

In 2015 the default rate for borrower's at Drake University was 1.82%, which represents 20 out of the 1097 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

View Data
Save Image
Add Data to Cart

Admissions

Drake University received 4,959 undergraduate applications in 2016, which represents a 23.9% annual decline. Out of those 4,959 applicants, 3,419 students were accepted for enrollment, representing a 68.9% acceptance rate.

There were 5,001 students enrolled at Drake University in 2016, and 8% of first-time enrollees submitted SAT scores with their applications.

Drake University has an overall enrollment yield of 22.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.9%

Acceptance Rate in 2016

3,419

Accepted Out of 4,959

In 2016, the undergraduate acceptance rate of Drake University was 68.9% (3,419 admissions from 4,959 applications). This is higher than the acceptance rate of 2015, which was 66.9%. Between 2015 and 2016, the number of applicants declined by -23.9%, while admissions declined by -21.5%.

This chart compares the acceptance rate of Drake University (in red) with that of other similar universities.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

SAT Scores

8%

Submission Percentage

60

Scores Submitted

8% of enrolled first-time students at Drake University in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

View Data
Save Image
Add Data to Cart

Enrollment

Drake University has a total enrollment of 5,001 students. The full-time enrollment at Drake University is 3,964 students and the part-time enrollment is 1,037. This means that 79.3% of students enrolled at Drake University are enrolled full-time.

The enrolled student population at Drake University, both undergraduate and graduate, is 81.4% White, 3.62% Hispanic or Latino, 3.34% Black or African American, 3.32% Asian, 2.12% Two or More Races, 0.18% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Drake University in full-time Undergraduate programs are majority White Female (46%), followed by White Male (33.3%) and Hispanic or Latino Female (2.77%). Students enrolled in full-time Graduate programs are majority White Female (52.4%), followed by White Male (31.4%) and Asian Female (4.06%).

Full-Time vs Part-Time Enrollment

79.3%

Full-Time Enrollment

The total enrollment at Drake University, both undergraduate and graduate, is 5,001 students. The full-time enrollment at Drake University is 3,964 and the part-time enrollment is 1,037. This means that 79.3% of students enrolled at Drake University are enrolled full-time compared with 68.7% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Drake University (in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Retention Rate over Time

88%

2016 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Drake University was 88%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Drake University had a retention rate higher than its peers.

This chart shows the retention rate over time at Drake University (highlighted in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    4,072

  2. Hispanic or Latino

    181

  3. Black or African American

    167

The enrolled student population at Drake University is 81.4% White, 3.62% Hispanic or Latino, 3.34% Black or African American, 3.32% Asian, 2.12% Two or More Races, 0.18% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 54.7% White, 14.3% Hispanic or Latino, and 13.3% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 52 students (1.04%) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Graduates

In 2016, 231 more women than men received degrees from Drake University. The majority of degree recipients at Drake University are white (1,218 degrees awarded). There were 21.4 times more white graduates than the next closest race/ethnicity group, asian (57 degrees).

The most common Bachelor's Degree concentration at Drake University is General Marketing & Marketing Management (71 degrees awarded), followed by Other Pharmacy, Pharmaceutical Sciences, & Administration (53 degrees) and Actuarial Science (47 degrees).

The most specialized majors across all degree types at Drake University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (137 degrees awarded), Public Administration and Social Service (88 degrees), and Communications (105 degrees).

Workforce

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Drake University are Elementary & middle school teachers (1,962,086 people), Secondary school teachers (329,011 people), Education administrators (295,800 people), Miscellaneous managers (257,570 people), and Social workers (222,042 people).

The most specialized majors at Drake University are Legal (137 degrees awarded), Public Administration and Social Service (88 degrees), Communications (105 degrees), Education (265 degrees), and History (25 degrees).

View Data
Save Image
Add Data to Cart

Highest Paying Jobs by Major

Public relations specialists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Drake University are Public relations specialists, Aircraft pilots & flight engineers, Physicians & surgeons, Sales representatives, wholesale & manufacturing, and Securities, commodities, & financial services sales agents

The most specialized majors at Drake University are Legal (137 degrees awarded), Public Administration and Social Service (88 degrees), Communications (105 degrees), Education (265 degrees), and History (25 degrees).

View Data
Save Image
Add Data to Cart

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Drake University are Elementary & secondary schools (2,944,037 people), Colleges, universities & professional schools, including junior colleges (372,138 people), Hospitals (223,698 people), Insurance carriers & related activities (169,819 people), and Individual & family services (161,758 people).

The most specialized majors at Drake University are Legal (137 degrees awarded), Public Administration and Social Service (88 degrees), Communications (105 degrees), Education (265 degrees), and History (25 degrees).

View Data
Save Image
Add Data to Cart

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Drake University.

Most Common

  1. General Marketing & Marketing Management

    71 degrees awarded

  2. Other Pharmacy, Pharmaceutical Sciences, & Administration

    53 degrees awarded

  3. Actuarial Science

    47 degrees awarded

In 2016, the most common bachelors degree concentration at Drake University was General Marketing & Marketing Management with 71 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Drake University according to their major.

View Data
Save Image
Add Data to Cart

Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 637

  2. 868

In 2016, 637 degrees were awarded to men at Drake University, which is 0.734 times less than the number of degrees awarded to females (868).

This chart displays the gender disparity between the top 5 majors at Drake University by degrees awarded.

View Data
Save Image
Add Data to Cart

Most Common Male Majors

In 2016, 54 degrees were awarded to men at Drake University in Law, which is 1.04 times more than the 52 female recipients with that same degree.

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In 2016, 65 degrees were awarded to women at Drake University in Pharmacy, which is 1.55 times more than the 42 male recipients with that same degree.

View Data
Save Image
Add Data to Cart

Time to Complete

66%

100% Completion Time

74%

150% Completion Time

In 2016, 66% of students graduating from Drake University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

View Data
Save Image
Add Data to Cart

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Drake University is Female and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.517% of graduates (3 students) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,218 degrees awarded

  2. Asian

    57 degrees awarded

  3. Black or African American

    46 degrees awarded

The most common race/ethnicity at Drake University is white (1,218 degrees awarded). There were 21.4 times more white recipients than the next closest race/ethnicity group, asian (57 degrees).

1.06% of degree recipients (16 students) did not report their race.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    713 degrees awarded

  2. White Male

    505 degrees awarded

  3. Black or African American Male

    29 degrees awarded

The most common race/ethnicity and gender grouping at Drake University is white female (713 degrees awarded). There were 1.41 times more white female recipients than the next closest race/ethnicity group, white male (505 degrees).

View Data
Save Image
Add Data to Cart

Operations

Drake University has an endowment valued at nearly $196M, as of the end of the 2015 fiscal year. The return on its endowment was of $6.13M (3.12%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Drake University had a total expenditure of $140M. Of that $140M, they spent $64.9M on salaries and $140M on benefits.

Drake University employs 130 Associate professors, 86 Assistant professors, and 82 Professors. Most academics at Drake University are Female Associate professors (71), Male Associate professors(59), and Male Professors (52).

The most common positions for non-instructional staff at Drake University are: Office and Administrative Support, with 221 employees, Service, with 86 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 84 employees.

Finances

Endowment

$196M

2015 Endowment

5.48%

growth from 2014

Drake University has an endowment valued at about $196M, as of the end of the 2015 fiscal year. The endowment of Drake University grew 5.48% from the previous year. The value of their endowment was $168M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Drake University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Government Grants and Contracts

Grants & Contracts

  1. $8.64M - Federal

  2. $665k - State

  3. $43.9k - Local

As of 2015, Drake University received $8.64M in grants and contracts from the federal government, $665k from state grants and contracts, and $43.9k from local grants and contracts.

View Data
Save Image
Add Data to Cart

Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$64.9M

Salary Expenditure

$140M

Benefits Expenditure

In 2015, Drake University had a total expenditure of $140M. Of that $140M, they spent $64.9M on salaries and $140M on benefits.

The bar chart shows the share of the primary expenses at Drake University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Expenditure by Category

This tree map shows all of the primary expenses of Research at Drake University as a share of total expenditure.

View Data
Save Image
Add Data to Cart

Salary Expenditure

$64.9M

2015 Salaries

1.79%

growth from 2014

In 2015, Drake University paid a median of $64.9M in salaries, which represents 46.5% of their overall expenditure ($140M) and a 1.79% growth from the previous year. This is compared to a 2.29% growth from 2013 and a 3.66% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

View Data
Save Image
Add Data to Cart

Instructional Salaries

$25.3M

Instructional Salaries

289

Number of Employees

In 2015, Drake University paid a total of $25.3M to 289 employees working as instructors, which represents 38.9% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

View Data
Save Image
Add Data to Cart

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

130 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

221 Employees

In 2016, the most common positions for instructional staff at Drake University were Associate professor with 130 employees; Assistant professor with 86 employees; and Assistant professor with 82 employees.

In 2016, the most common positions for non-instructional staff at Drake University were Office and Administrative Support with 221 employees; Service with 86 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 84 employees.

View Data
Save Image
Add Data to Cart

Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Associate professor

  2. Male Associate professor

  3. Male Professor

In 2016, the most common demographic for instructional staff at Drake University was Female Associate professor with 71 employees, Male Associate professor with 59 employees, and Male Professor with 52 employees.

This chart shows the gender split between each academic rank present at Drake University.

View Data
Save Image
Add Data to Cart