Paying for Drake University

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Drake University Office of Student Financial Planning will help new, prospective, and continuing students navigate their financial journey toward a higher education. Students are encouraged to fill out the FAFSA even if they think they may not qualify for anything. DU prides itself on the Drake University Tuition Guarantee which is an initiative that locks in the cost of your education from the time students begin at Drake. As a result, their tuition bills and expenses are much more predictable and budget-friendly.


Student need-based aid packages are made up of federal work-study opportunities, scholarships, Institutional, and state and federal grants, and federal student and parent loans. Additional scholarship resources including the Iowa College Access Network (ICAN), a non-profit organization aimed at helping students and their families navigate the financial aid maze and the Iowa College Aid Organization with information on additional scholarships and fellowships available to students can be found to help subsidize the cost of higher education at DU. Students are also able to research a variety of outside scholarships.


Special category students including transfer students, international students, and veteran students can receive a variety of need and merit-based aid awards.


Some Drake University tools and resources to help students navigate paying for school include the cost of attendance page, a net price calculator, student consumer information, a page dedicated to financial aid frequently asked questions, and a comprehensive Financial Aid Handbook.

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