Drake University

Drake University is a private, nonprofit school in an urban setting in Des Moines, Iowa. Drake University was founded in 1881 and now enrolls around 4,774 students a year, including 2,848 undergrads. Drake University provides on-campus housing for students. Most students live in off campus housing.

There are many ways for students to get involved at Drake University! Love music or performing? Join a campus band, sing in a chorus, or perform with one of Drake University's theater groups.

Interested in journalism or communications? Drake University students can write for the campus newspaper, host a radio show or be a producer for the student-run television channel.

Excited for Greek life? Drake University has fraternities and sororities.

Planning to play sports? Drake University has many options for athletes. See them all and learn more about life at Drake University on the Student Life page.

Learn more about life at Drake University on the Student Life page.

Is Drake University a Good School?

The definition of a "good school" is different for different people. Admissions criteria, acceptance rate and average GPA are good indicators of how selective an institution is, but they don't say much about the quality of the education or the student experience. There are a few statistics that can give you a good idea of how satisfied students are and how well a school supports its students.

Let's take a closer look at to get a better idea of what Drake University offers and if it might be the right college for you.

2021 Acceptance Rate for Drake University

It is moderately difficult to get into Drake University. The acceptance rate at Drake University is 68%. Last year, 6,624 students applied to Drake University and 4,499 were admitted.

Retention and Graduation Rates at Drake University

Retention is the number of students that stay enrolled at a school over time. This is a way to get a sense of how satisfied students are with their school experience, and if they have the support necessary to succeed in college.

Out of all the first-year, full-time undergrads who start at Drake University, around 86% come back their sophomore year. Around 77% of students who started at Drake University earn their Bachelor's degrees within six years. The average six-year graduation rate for U.S. colleges and universities is 61% for public schools, and 67% for private, non-profit schools.

Job Outcomes for Drake University Grads

Job placement rates after graduation and average starting salaries can all give important clues about the value of a degree from a specific school.

Drake University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and support students. As of 2021, the total market value of the school endowment was $226.2 million. The average college endowment was $905 million in 2021. For each full-time student, Drake University spends about $12,666 a year.

Tuition and Financial Aid at Drake University

Cost is another important factor when choose a college. Some colleges may have high tuition, but do a better job at meeting students' financial need. Drake University meets 79% of the demonstrated financial need for undergraduates. First-year students that attend Drake University full-time are awarded $34,350 a year in financial aid, on average.

Students in the class of 2021 who had taken out student loans graduated with an average of $32,016 of debt. For context, compare this number with the average national debt, which is around $36,000 per borrower.

The 2022-2023 FAFSA Opened on October 1st, 2021

Some aid is awarded on a first-come, first-served basis, so fill out the FAFSA early. Visit the FAFSA website to apply for student aid. Remember, the first F in FAFSA stands for FREE! You should never have to pay to submit the Free Application for Federal Student Aid (FAFSA), so don't give your money (or info!) to any website that claim you do.

Learn more about Tuition and Financial Aid at Drake University. Based on this information, how does Drake University sound? Remember, the best school for one person may not be the right school for another! So ask yourself: Is Drake University a good school for you?

If Drake University seems like a school you want to apply to, click the heart button to save it to your college list.

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Where is Drake University Located?

Drake University is located in the urban setting of Des Moines, Iowa.

If you want to see Drake University for yourself, plan a visit. The best way to reach campus is to take Interstate 235 to Des Moines, or book a flight to the nearest airport, Des Moines International.

You can also take a virtual campus tour to get a sense of what Drake University and Des Moines are like without leaving home.

Considering Going to School in Iowa?

See a full list of colleges in Iowa and save your favorites to your college list.