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2016 Undergraduate Tuition
4.5% growth from 2015
After Financial Aid
2014 Student Loan
Default Rate
2016 Acceptance Rate
4,959 Applicants
2016 Enrolled Students
79.3% full-time
2016 Graduation Rate
676 Graduates

About the photo: Des Moines skyline shot from East Fort Des Moines


The median tuition at Drake University is $35,060, which is $2,850 more than the national median tuition of $32,210.

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

Average Net Price

Other Student Expenses

Financial Aid

Financial Aid by Income Level

Student Loan Default Rate


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

SAT Scores


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 4.96% Non-resident Alien.

Students enrolled at Drake University in full-time Undergraduate programs are majority White Female (28.5%), followed by White Male (20.7%) and Hispanic or Latino Female (1.72%). Students enrolled in full-time Graduate programs are majority White Female (9%), followed by White Male (5.42%) and Asian Female (0.7%).

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity


In 2016, 231 more women than men graduated from Drake University. The majority of students graduating from Drake University are White. These 1,218 graduates mean that there were 21.4 times more White graduates than the next closest race/ethnicity group, Asian, with 57 graduates.

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

The most specialized major across all degree types at Drake University, meaning they have significantly more graduates than the national average across all institutions, is Legal, with 137 graduates, followed by Public Administration and Social Service with 88 graduates and Communications with 105 graduates.


Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major


Majors Awarded

Gender Breakdown for Common Majors

Most Common Male Majors

Dataset: Source:

Most Common Female Majors

Dataset: Source:

Time to Complete


Graduation Rate by Race and Gender

Race & Ethnicity by Share

Race & Ethnicity by Gender


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 1.44% average return ($414,206 on $28.9M) across all Master's Colleges and Universities.

In 2015, Drake University had a total expenditure of $139M. Of that $139M, they spent $61.2M on salaries and $19.4M on benefits.

Drake University employs 125 Associate professors, 84 Professors, and 77 Assistant professors. Most academics at Drake University are Female Associate professors (71), Male Professors (58), and Male Associate professors (54).

The most common positions for non-instructional staff at Drake University are: Office and Administrative Support, with 216 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 90 employees, and Service with 88 employees.



Government Grants and Contracts


Primary Expenses

Expenditure by Category

Salary Expenditure

Instructional Salaries

Faculty and Staff

Occupations by Share

Instructors by Academic Rank and Gender

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